India to face $105 bn demand for aircraft

Predicting robust growth in the India civil aviation sector European aerospace major Airbus today said the country would require passenger and freight aircraft, valued at 105 billion dollars, to serve the strong demand by 2025.
According to the latest Airbus global market forecast

India will become the fastest growing country for air travel demand for the next decade.

“Strong demand in India is being unleashed by Air transport deregulation, the emergence of number of new operators, low fares and large untapped demand for air travel,” Airbus COO (customers) John Leahy said here.

According to the forecast India will require 1,100 passenger and freight aircrafts by 2025, of which 935 will be passenger aircraft while the remaining 165 will be freighters.

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