1 / 10

U.S. India Business Forum 2009 U.S. India Chamber of Commerce - Midwest Aviation Panel

U.S. India Business Forum 2009 U.S. India Chamber of Commerce - Midwest Aviation Panel. Chicago, Illinois June 25, 2009. Setting the Stage - Who We Are. Savio Dias, Kingfisher Airlines, Asst. Sales Manager-Midwest USA & Canada Sami Khaja, Jet Airways, Sales Manager, Midwest and Texas

marlie
Download Presentation

U.S. India Business Forum 2009 U.S. India Chamber of Commerce - Midwest Aviation Panel

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. U.S. India Business Forum 2009U.S. India Chamber of Commerce - MidwestAviation Panel Chicago, Illinois June 25, 2009

  2. Setting the Stage - Who We Are • Savio Dias, Kingfisher Airlines, Asst. Sales Manager-Midwest USA & Canada • Sami Khaja, Jet Airways, Sales Manager, Midwest and Texas • Raj Sidhu, American Airlines, Sales Manager, US-India/Russia • Sanjay Tiwari, KLM Cargo, Manager, US Sales & Customer Service • Douglas Ochs Adler, Vedder Price P.C., Moderator

  3. Setting the Stage - Blue Skies (1) • Current State of US-India Relations (India 3.0) • India’s GDP has tripled since 2000; 7%+ est. for 2009-2010 • US Exports to India and FDI have doubled in five years • 2004-2007: India imported >$11bn aviation goods from US • GE India just received “Validated End-User” authorization • Since January: Infra. Development of US$13.59bn • Stock Market Rose 17% on May 18 • Savings Rate of 37%

  4. Setting the Stage - Blue Skies (2) • Open Skies (2005) • India’s 11th Five Year Economic Plan (2007-2012) ($600bn) • Airports ($9bn), Highways ($78bn), Power ($150bn), Rail ($62bn), Seaports ($18bn), Telcom ($65bn) and Water ($100bn) • All sectors intertwined • Projects will go through: only 22% India GDP related to exports vs. 65% for PRC • Aviation Cooperation Program (2007) • Indo-US Aviation Summit (December, 2009)

  5. Storm Clouds(but not thunder and lightning) • Price of Oil • Doubled between January and May • IATA • Projected losses of $9bn for airlines globally • India’s airlines account for 35% of losses but only 2% of capacity

  6. A View From the Front Lines: S.W.O.T. Analysis and Discussion • Strengths • Weaknesses • Opportunities • Threats

  7. (Not so) Primary Colors (1) • Green Lights • FDI and Tax incentives • Waiver of import duties on some capital equipment • US Ex-Im Bank Infrastructure Facility ($2.4bn committed) • Yellow Lights • FY 2008-2009: Nat’l Highways Authority received bids for only 22 of 60 projects • Minister Patel: no more airport PPP’s • Nuclear power: end-use monitoring and disposal issues

  8. (Not so) Primary Colors (2) • Red Lights • High Courts of Bombay and Bangalore rulings (operators = instrumentalities of state) • Delhi and Mumbai airports named to IATA “Hall of Shame” • Raised fees 207%! • FCPA and other corruption concerns India scored 3.4 out of 10 (0 = most corrupt and 10 = most honest) • Uneven (unequal?) application of laws and regulations

  9. Recommendations • KYC and KYP • States are easier to deal with • Beware Satyma/Maytas situations, esp. w/land permits • Include Focus on Infrastructure Utilization • ATC: reducing 1 minute off ea. of India’s 2mm domestic flights = 200K ton decrease in CO2 and savings of $67mm • Relaxation of ECB Policy: Gov’t fixated on Dabhol • Transparency: Cape Town Treaty ratified but never implemented

  10. Thank You! For further information, please contact: Douglas Ochs Adler Vedder Price P.C. 875 15th Street, NW, Suite 725 Washington, DC 20005 T: +1-202-312-3325 F: +1-202-312-3322 dadler@vedderprice.com www.vedderprice.com

More Related