Indian carriers will require 1,450 new aircraft in the next 20 years, said Boeing on Tuesday. “Over 60 million passengers will fly within India this year. Over the next 20 years, India is projected to have the highest passenger traffic growth in the world,” said Dinesh Keskar, Senior Vice President of Sales in Asia Pacific and India for Boeing Commercial Aircraft.
According to Keskar, the biggest demand from the airlines in India will be for single-aisle aircraft, which Boeing estimates to be around 1,201 unites at a cost of US$114 billion (INR6,305 crore). Other projections made by the aircraft manufacturer states the industry requires 234 twin-aisle aircraft from 2012 to 2031, followed by a demand for 15 regional jets.