Forecast: India Will Need India 1,750 Airliners Over The Next 20 Years | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date

Airborne Unlimited-
Monday

Airborne-Unmanned w/AUVSI-
Tuesday

Airborne Unlimited-
Wednesday

AMA Drone Report-
Thursday

Airborne Unlimited-
Friday

Airborne On ANN

Airborne Unlimited-03.18.19

Airborne Unmanned-03.19.19

Airborne Unlimited-03.20.19

AMA Drone Report-03.21.19

Airborne Unlimited-03.22.19

Airborne-YouTube

Airborne Unlimited-03.18.19

Airborne Unmanned-03.19.19

Airborne Unlimited-03.20.19

AMA Drone Report-03.21.19

Airborne Unlimited-03.22.19

ANN's AEA 2019 LIVE Coverage Starts Monday, March 25th at 1115ET, 0815PT. Continues Tuesday/Wednesday. www.airborne-live.net -- Don't Miss It!

Mon, Mar 12, 2018

Forecast: India Will Need India 1,750 Airliners Over The Next 20 Years

Projected Growth Almost Twice As Fast As The World Average Through The Period

India will require 1,750 new passenger and cargo aircraft over the next 20 years to meet an exponential rise in both passenger and freight traffic, according to Airbus’ latest India Market Forecast. To help meet this growth, India will need 1,320 new single-aisle aircraft and 430 wide-body aircraft valued at $255 billion.

While much of the air traffic growth is expected to be driven by the fast expanding economy, rising wealth and urbanisation, ambitious government backed regional connectivity programmes are also set to enhance demand for air travel. By 2036, Indians will each make four times as many flights as today. As a result, traffic serving the Indian market is forecast to grow 8.1 per cent per year over the next 20 years, almost twice as fast as the world average of 4.4 per cent.

Domestic Indian traffic is expected to grow five-and-half times over the next 20 years (2017-2036) reaching the same level as U.S. domestic traffic today, making it one of the world’s fastest growing markets, according to Airbus’ latest India Market Forecast for the period.

"Make in India is at the heart of our strategy. Airbus has the largest footprint in India of any International aircraft manufacturer, nationwide across all aircraft programs. Our sourcing volume has grown 16 times over the past ten years and it is currently at more than $550 million annually,” said Srinivasan Dwarakanath, President Airbus Commercial Aircraft in India.

India is set to become the world’s third largest aviation market by 2019/20.  

(Infographic provided with Airbus news release)

FMI: www.airbus.com

Advertisement

More News

AMA Drone Report 03.21.19: New FAA Boss, Great Lakes Drone Co, UAV Retrieval

Also: Skylum Introduces Airmagic, Resort Community Ban, State Farm Drone Pilots, Airborne Programming Well... there’s good news and bad news coming from Washington, DC... wit>[...]

Counting Down! ANN's Infamous April 1st Edition Is Back--With A Vengeance!

Send Us Your Wacky Ideas NOW! ANN E-I-C Note: Folks... we gotta warn you... our Annual April 1st Editions are LEGENDARY -- and after a break last year (due to a death in the family>[...]

AMA Drone Report 03.21.19: New FAA Boss, Great Lakes Drone Co, UAV Retrieval

Also: Skylum Introduces Airmagic, Resort Community Ban, State Farm Drone Pilots, Airborne Programming Well... there’s good news and bad news coming from Washington, DC... wit>[...]

Aero-Help Wanted: ANN REALLY Needs A Sales Pro

ANN/Airborne/Aero-TV Marketing Department Needs Part or Full Time Personnel E-I-C Note: For some reason, finding really motivated/honest/professional sales help has been a tough gi>[...]

Airborne 03.20.19: Hoover Stamp Petition, Red Bull, Next Week--AEA LIVE!

Also: Goldsboro, NC Airshow, CAE Concludes Acquisition, 'Stolen' P-51?, Special Weeks For Airborne Programming The Bob Hoover Legacy Foundation has announced their intention to pet>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2019 Web Development & Design by Pauli Systems, LC