What Happened
India To Remain Fastest Growing Major Domestic Aviation Market
Airbus has revised its forecast for India’s domestic air traffic growth to 9.3% annually through 2045, up from its earlier estimate of 8.9%. The company expects Indian airlines to require 3,480 new passenger aircraft over the next 20 years, driven by strong demand and a growing economy. This growth outlook surpasses that of China, which has seen its domestic traffic growth forecast cut to 4.7%. The forecast was reported by ETInfra, citing an exclusive Reuters report.