What Happened
Airbus Sees India As Fastest Growing Aviation Market In Asia Pacific
Airbus has raised its forecast for India’s domestic air traffic growth to 9.3% annually through 2045, driven by rising passenger demand and fleet replacement. The company expects India to require approximately 3,480 new passenger aircraft over the next 20 years, highlighting the scale of fleet expansion that could lie ahead. This growth is part of a broader expansion across the Asia-Pacific region, where India is emerging as a major source of incremental passenger demand. According to Skypulse Solutions IFSC, this forecast has significant implications for the development of India’s aviation ecosystem, including aircraft leasing, aviation finance, and associated services.