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India, future air transport giant

Source link : https://news7.asia/news/india-future-air-transport-giant/

A plane from the Indian Company Indigo, at Kempegowda International Airport in Bangalore, India, December 29, 2024. Idrees Mohammed / AFP with a population superior to the Chinese neighbor but an air traffic three times less, India S ‘ is engaged in a race against the clock. The development of an ever -increasing middle class is already engaged, while the number of people with very high incomes should experience unprecedented increase in the world. If we add to that the size of the country, which promotes domestic flights, and that of the Indian diaspora, generating considerable affinity tourism flows, air traffic in India should soon be placed just after that of the United States and of China. In recent years, local companies have multiplied orders from Airbus and Boeing. S&P analysts calculated that in total 1,700 devices should be delivered by the two aircraft manufacturers to Indian customers. Air India, taken over in 2022 by the Tata group, has even become one of Airbus’s very first customers. In December 2024, he commanded 100 new planes: A350, A320 and A321. Infrastructure must follow. From 145 airports today, the subcontinent must increase to 220 within five years. New fleet and airports should represent a total investment of $ 170 billion (164 billion euros) over the period. You have 55.99% of this article to read. The rest is reserved for subscribers.

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Author : News7

Publish date : 2025-02-09 21:27:05

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