Boeing forecasts a significant increase in the number of commercial aircraft required by Indian and South Asian operators over the next 20 years, amid sustained economic growth and strong travel demand.
Releasing its commercial market outlook for the region, Boeing projects 2,835 new aircraft deliveries through 2043, a four-fold rise on current levels.
Narrowbody aircraft – including the 737 Max family – will make up close to 90% of new deliveries, at more than 2,400 aircraft, says Boeing. Widebody deliveries are expected to quadruple, to 370, over the 20-year period, as Indian operators “further develop” their long-haul networks.
The airframer notes that domestic air traffic will remain the largest and fastest-growing segment of the Indian market, with traffic expected to grow 7% annually. India is the world’s third largest domestic market after the USA and China.
“This projected traffic growth will be enabled by further low-cost carrier expansion and network diversification as airlines offer more routes and destinations throughout the region,” the outlook states.
On the services front, Boeing forecasts the region needing around 129,000 pilots, cabin crew and technicians, four times higher than present.
Ashwin Naidu, Boeing’s managing director of commercial marketing for India and South Asia, says: “The India and South Asia region continues to be the world’s fastest-growing commercial aviation market due to strong economic and trade growth, rising household incomes and investments in infrastructure and development.”
In India, the 737 Max is operated by low-cost operators Air India Express, SpiceJet and Akasa Air, while flag carrier Air India operates Boeing widebodies like the 787 and 777.
Boeing forecasts a significant increase in the number of commercial aircraft required by Indian and South Asian operators over the next 20 years, amid sustained economic growth and strong travel demand.
Releasing its commercial market outlook for the region, Boeing projects 2,835 new aircraft deliveries through 2043, a four-fold rise on current levels.
Narrowbody aircraft – including the 737 Max family – will make up close to 90% of new deliveries, at more than 2,400 aircraft, says Boeing. Widebody deliveries are expected to quadruple, to 370, over the 20-year period, as Indian operators “further develop” their long-haul networks.
The airframer notes that domestic air traffic will remain the largest and fastest-growing segment of the Indian market, with traffic expected to grow 7% annually. India is the world’s third largest domestic market after the USA and China.
“This projected traffic growth will be enabled by further low-cost carrier expansion and network diversification as airlines offer more routes and destinations throughout the region,” the outlook states.
On the services front, Boeing forecasts the region needing around 129,000 pilots, cabin crew and technicians, four times higher than present.
Ashwin Naidu, Boeing’s managing director of commercial marketing for India and South Asia, says: “The India and South Asia region continues to be the world’s fastest-growing commercial aviation market due to strong economic and trade growth, rising household incomes and investments in infrastructure and development.”
In India, the 737 Max is operated by low-cost operators Air India Express, SpiceJet and Akasa Air, while flag carrier Air India operates Boeing widebodies like the 787 and 777.
Source link
Share This:
admin
Plan the perfect NYC Memorial Day weekend
Pack only what you need and avoid overpacking to streamline the check-in and security screening…
LA’s worst traffic areas and how to avoid them
Consider using alternative routes, such as Sepulveda Boulevard, which runs parallel to the 405 in…
Clean Aviation allocates €60m for hybrid-electric narrowbody engine demonstrators as part of wider €329m call 4 funding
Up to three engine makers could share €60 million ($70.3 million) in EU funding to…
Finnair marks foray into Australia with one-stop flights in 2026 | News
Finnair will be launching one-stop flights to Melbourne in 2026, marking the first time the…
Portugal takes delivery of first Embraer A-29N Super Tucanos and eyes potential for final assembly line
Portugal has taken delivery of its first five of 12 A-29N Super Tucano training and…
Airbus A320neo panel quality issue centres on thickness deviations: EASA
Airbus’s quality issue with panels on the A320neo family centres on possible deviations in the…
Spain formalises 100-unit order with Airbus Helicopters, becomes H175M launch customer
Spain has formalised a huge order for 100 new military rotorcraft, contracting Airbus Helicopters for…
Hydraulic sequencing and ice left 757 freight door unsecured before it opened in flight
German investigators have determined that a complex interaction of hydraulic, mechanical and icing problems resulted…
New-build Tu-214 emerges from Kazan production site
United Aircraft has shown off a newly-built Tupolev Tu-214, the twinjet type which is part…
SmartLynx Airlines closure leaves fate of sister Estonian and Maltese carriers unclear
SmartLynx Airlines’ operations in Estonia and Malta have followed the wet-lease specialist’s Latvian arm and…
Norse Atlantic cancels proposed follow-up share offering
Scandinavian operator Norse Atlantic has cancelled a proposed additional offering of shares, because the company’s…
Saab innovation unit The Rainforest details 2026 flight-test plan for Ruby vehicle with ‘software-defined fuselage’
Saab’s internal innovation start-up The Rainforest will fly an unmanned platform next year employing what…