US Aircraft Manufacturer Boeing forecasts Indian airlines to lead air traffic growth through 2040 growing at a rate of 6.9% the highest among other regions with Southeast Asia at 5.5%, China at 5.4%, Africa at 5.4%, and Latin America at 4.8%.
“We are forecasting airlines to rebound quickly and add 25%-plus percent annual seats back into the market,” David Schulte, Managing Director for Regional Marketing at Boeing Commercial Airplanes.
Indian airlines Air India, Akasa Air, and SpiceJet are currently Boeing’s customers.
Source: Boeing
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