According to Airbus's latest market forecast, India will require 1,290 new passenger jetss valued at US$190 billion by 2032 to meet ...
According to Airbus's latest market forecast, India will require 1,290 new passenger jetss valued at US$190 billion by 2032 to meet its growing air traffic.
Of the requirement, some 73 per cent aircrafts will be for growth and 27 per cent for replacement.
Airbus also forecasts that 36 per cent of India’s fleet will be wide-bodies, more than double that of present level.
The aircrafts include 913 single aisles like the A320 and A320neo Family, 322 twin aisles like the A350 XWB and A330, and 56 very large aircraft such as the A380.
In passenger traffic term, domestic India is growing fast at almost 10 per cent per year to 2032 and will become the world’s third largest domestic market.
Today one in 20 Indians travel by air and in 2032 this will increase five fold to a quarter of the population taking at least one flight.
