Airbus, which currently has more than 300 aircraft in operation in India flown by various #airlines, has 530 #aircraft in its India order book
Hyderabad: Airlines in #India will take delivery of one Airbus aircraft every week for the next decade, French aircraft manufacturer Airbus said in a statement on Friday.
Airbus, which currently has more than 300 aircraft in operation in India flown by various #airlines, has 530 aircraft in its India order book, it said in its 20-year India Market Forecast at aviation event Wings India 2018.
India, said #Airbus, will need as many as 1,750 new passenger and cargo aircraft over the next two decades to meet the exponential rise in both passenger and cargo traffic.
“By 2036, Indians will each make four times as many #flights as today,” it said, adding that traffic serving the Indian market is forecast to grow 8.1% per year over the next 20 years, almost twice as fast as the world average of 4.4%.
While much of the future air traffic growth is expected to be driven by the fast expanding economy, rising wealth and urbanization, ambitious government-backed regional connectivity programmes are also set to enhance demand for air travel, added #Airbus.
#WingsIndia2018
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