Hyderabad: Indian carriers will require 1,610 aircraft over next twenty years, European plane maker Airbus announced today in its India market forecast at Hyderabad.
This will include 1,230 single aisle narrow body aircraft and 380 wide body passenger and freighter aircraft. In its market forecast in 2014 Airbus had estimated India would require 1,300-odd planes.
Demand is seen both in single aisle narrow body planes and wide body planes.
"We have seen launch of new carriers in India and we see a role for A321neo, which is the largest single aisle aircraft with lowest cost per seat. The number of wide body planes in India will grow seven fold. We expect Indian carriers to grow international air traffic and in order to do so the airlines will need wide body planes. Indian carriers carry over 30% of India's international traffic and there is room to grow it to 50%," said Joost Van der Heijden, vice president (marketing) of Airbus.
Demand for wide bodies is also expected as India relaxes 5/20 rule. This would allow new airlines including AirAsia India and Vistara to fly abroad.
To Read the News in Full 17/03/16 Business Standard
This will include 1,230 single aisle narrow body aircraft and 380 wide body passenger and freighter aircraft. In its market forecast in 2014 Airbus had estimated India would require 1,300-odd planes.
Demand is seen both in single aisle narrow body planes and wide body planes.
"We have seen launch of new carriers in India and we see a role for A321neo, which is the largest single aisle aircraft with lowest cost per seat. The number of wide body planes in India will grow seven fold. We expect Indian carriers to grow international air traffic and in order to do so the airlines will need wide body planes. Indian carriers carry over 30% of India's international traffic and there is room to grow it to 50%," said Joost Van der Heijden, vice president (marketing) of Airbus.
Demand for wide bodies is also expected as India relaxes 5/20 rule. This would allow new airlines including AirAsia India and Vistara to fly abroad.
To Read the News in Full 17/03/16 Business Standard
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