India Needs 1,290 New Aircraft By 2032, Says Airbus

Indian carriers will require 1,290 new passenger aircraft valued at $190bn between now and 2032, according to Airbus’ latest market forecast. The manufacturer said Indian annual passenger traffic growth rates of 8.6 per cent were well above the regional Asia Pacific average growth rate of 6.1 per cent and the world average of 4.7 per cent. It said 73 per cent of the new aircraft would be for growth, with 27 per cent for replacement. Airbus also forecasts that by 2032, 36 per cent of India’s fleet will be widebodies, more than doubling today’s level.

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