Indian carriers are expected to require more than
2,200 aircraft in the next 20 years, said Mr SalilGupte, Boeing India
President. In order to tap the growth opportunities, he said that a few
ingredients need to be put in place, including ensuring that there are enough
pilots and mechanics to fly all these aeroplanes.
The Indian aviation sector’s
growth fundamentals are strong, and significant skilling of people to meet demand,
rationalisation of fuel taxes and continued infrastructure investments will
keep the growth going. Boeing, which has hundreds of aircraft on order from
Indian carriers, has also announced various investments, including $100 million
for training pilots in the country.
It does not see slowdown in
India and projects very high load factors, extremely high rates of
profitability for the airlines, as per a report.