| India Airlines buy 50% of this years airplanes sold so far MUMBAI: Nine airlines. 350 aircraft. Funding and infrastructure—a big question mark. This sums up the booming Indian aviation sector.
In the last six months, private Indian airline companies have placed orders for 250 aircraft, representing 43 per cent of the total global orders placed with aircraft manfacturers Airbus and Boeing.
Add the 93 planes that national carriers Air-India and Indian Airlines are expected to order, and India's share of the global aircraft market zooms beyond 50 per cent. (Globally, Airbus and Boeing have secured combined orders of 573—Airbus 296 and Boeing 277— compared with 647 in the whole of last year.)
Pretty interesting. |