By: Radhakrishna N S
Boeing has raised its long-term forecast for commercial airplanes in India as unprecedented domestic passenger traffic and rapidly expanding low-cost carriers (LCCs) drive the need for 2,300 new jets- valued at $320 billion over the next two decades. This year alone, more than 10 million passengers, on average, traveled within India each month, Boeing said in a report on Wednesday (19). “To meet this increased domestic air traffic growth, we see the vast majority of available airplane seats coming from LCCs,” said Dinesh Keskar, senior vice president of Sales for Asia Pacific and India, Boeing Commercial Airplanes. “The success of…
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