Boeing forecasts that India and South Asia’s markets likely require 2,835 aircraft over the next 20 years, adding that the demand for commercial aircraft will grow fourfold in the region in the next two decades.
“90 plus percent of the growth will come from India with single-aisle aircraft accounting for 85 percent of the estimate,” said Ashwin Naidu, Boeing managing director of Commercial Marketing for India and South Asia, at a media briefing on Thursday morning.