Airlines
Wings of Growth: India’s Need for 130-150 Additional Wide-Body Aircraft
According to Vikram Rai, CEO of GE Aerospace South Asia, India’s civil aviation market, one of the fastest-growing in the world, has the potential to add 130-150 more wide-body aircraft to its fleet. In India, there are now about 700 commercial aircraft in service, although only about 50 of them are wide-body aircraft.
India, the third-largest aviation market in the world with about 1,500 aircraft on order from domestic airlines, is viewed as having “great potential” by GE Aerospace, a key manufacturer of aircraft engines.
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India is a focus market and a priority market for GE Aerospace” and added that in his opinion, domestic airlines would think about adding more wide-body aircraft to their fleet and using them on busy domestic routes.
The government is attempting to create international aviation hubs in India in order for domestic airlines to transport passengers directly to a variety of foreign locations as a result of the growing air passenger traffic.
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Currently, the majority of passengers flying out of India to distant locations do so on connecting flights run by foreign airlines.”We need to reach a stage where we can transport our passengers from end to finish. We are talking about the next stage of growth here, Rai added.
