India needs more than 2,000 single-aisle jets in 20 years, Boeing says
Boeing said Friday that Indian airlines would need more than 2,000 new single-aisle jets over the next 20 years.
The air transport sector in South Asia is dominated by the Indian market, which accounts for around 90%, the American aircraft manufacturer said in a press release.
“Indian operators will need just over 2,000 new single-aisle aircraft to meet demand over the forecast period. Single-aisle aircraft such as the 737 family will continue to serve growing domestic and regional markets, including including flights from India to the Middle East and Asia-Pacific regions,” he said.
India’s continued economic growth and expanding middle class will fuel demand across South Asia for 2,400 new commercial aircraft valued at nearly $375 billion over the 20-year forecast period , according to Boeing.
The company shared its annual Commercial Market Outlook (CMO) in South Asia and India at Wings India 2022, here, anticipating long-term resilient demand for commercial aircraft and services following the Covid-19 pandemic.
“We anticipate strong demand for air travel in South Asia, with carriers increasing their services and passengers feeling confident to travel to see family and friends and do business, as well as air cargo,” said Dave Schulte. , General Manager, Regional Marketing, Boeing Commercial. Planes said.
Salil Gupte, President of Boeing India, said: “India continues to grow as one of the largest civil aviation markets in the world as it increases its capabilities and capabilities in infrastructure and services.
“At Boeing, we are committed to supporting this growth through our partnerships with Made in India suppliers, next-generation products and solutions, technologies and services, to advance the future of commercial aviation,” said Gupte said.
Air cargo growth in India is expected to average 6.3% annually, driven by the country’s manufacturing and e-commerce sectors, including its Make in India initiative.
Boeing forecasts demand for more than 75 freighters, including 10 jumbo jets and 737 Boeing Converted Freighters.
India’s civil aviation industry will require nearly 100,000 new pilots, technicians and cabin crew, with increasing numbers of women pursuing careers in aviation, Boeing added.