New Delhi, May 11 -- Boeing also briefed the media regarding its commercial market outlook, including current status, future prospects and its ambitions. India and South Asia's passenger air traffic will rise an average of 7% annually over the next 20 years, spurred by a growing middle class, economic growth and airport and connectivity investments. That demand for air travel means airlines will need nearly 3,300 new airplanes by 2044 as projected in the company's Commercial Market Outlook (CMO) for South Asia.
Published by HT Digital Content Services with permission from Vayu Aerospace & Defence Review....