India’s airlines made a big splash at this year’s airshow. It was like the old days when the ME3 made the big orders. The geography has shifted along with the demand. Speaking with several people at the show, it was clear that the Indian market is not comprehended to the extent you’d expect. To call it big is not even close. India is going to be the key aviation market.
Here’s a marker. The USA is a mature air travel market. Using rough numbers, there are 50,000 citizens per airliner in the USA. In India, the ratio is 2 million citizens per airliner. Let that sink in for a moment. In other words, doubling India’s airline fleet, the ratio is still 20 times that of the USA. It is an incredible statistic.