Begin typing your search above and press return to search.
exit_to_app
exit_to_app
Homechevron_rightIndiachevron_rightBoeing forecasts...

Boeing forecasts demand for 2,300 new aircraft in India over the next 20 years

text_fields
bookmark_border
cancel
camera_alt""

New Delhi: Global aerospace major Boeing expects a demand for 2,300 new aircraft in India, valued at $320 billion, over the next 20 years.

According to the company's 2018 Commercial Market Outlook (CMO) for India, factors such as rise in GDP output along with increase in infrastructure spend and growth of low-cost carriers will lead to the fulfilment of the demand forecast.

However, the outlook cited the volatile exchange rate, high fuel price and low fare yields as challenges faced by the domestic industry.

Show Full Article
TAGS:
Next Story