Indian airlines hold potential for recurring orders: GE Aerospace

Jet engine manufacturer GE Aerospace said there's enough potential for recurring aircraft orders by Indian carriers. "Massive growth...is happening [in India]. As the economy grows, disposable income grows, people tend to travel," said GE Aerospace's Country Head for South Asia Vikram Rai. His remark comes as Tata Group-led Air India inked a deal to buy 250 Airbus aircraft.