Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.

    SUBMIT

Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence

Disclaimer:

Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
LIVE TV DownloadNews18 App
News18 English
Powered by cricketnext logo
News18 » Business
1-min read

India Would Need Around 2,400 New Aircraft in Next 20 Years: Boeing

Between 2013 and 2018, the number of weekly flights in India increased from 2,022 to 4,501, signifying a strong network growth. Also, the number of airports served in India have increased from 96 in 2013 to 111 in 2018.

PTI

Updated:November 6, 2019, 7:08 PM IST
facebookTwitter Pocket whatsapp
India Would Need Around 2,400 New Aircraft in Next 20 Years: Boeing
Photo for representation. (Reuters)

New Delhi: To cater to growing travel demands, India would need around 2,400 aircraft in the next 20 years and around 85-90 per cent of them would be narrow-body, a senior executive of global aerospace giant Boeing said on Wednesday.

Indian airlines currently have around 600 aircraft in their fleet.

While narrow-body planes are smaller and used for short-haul routes, wide-body aircraft are used to fly on medium and long-haul routes.

"Based on economic growth, evolving business models and the dynamics in the marketplace, India will need around 2,400 new aircraft deliveries in the next 20 years," said Darren Hulst, Deputy Vice President of Commercial Marketing, Boeing.

"The vast majority of these aircraft, as we no doubt expect, would be single-aisle fleets, 737-sized aircraft. It will make up for 85-90 per cent of the deliveries in the market place," Hulst explained, while unveiling the company's annual India Commercial Market Outlook here on Wednesday.

Boeing 737 aircraft family are all single-aisle narrow-body planes.

Hulst said around 13-15 per cent of the deliveries, that will happen in the next 20 years in India, would that be of wide-body aircraft.

Between 2013 and 2018, the number of weekly flights in India increased from 2,022 to 4,501, signifying a strong network growth. Also, the number of airports served in India have increased from 96 in 2013 to 111 in 2018, he said.

"In the last decade, single-aisle global network has increased by over 8,000 city pairs. In 2009, there were less than 12,000 non-stop routes served by single-aisle aircraft. Today, there are almost 20,000 unique city pairs that are served non-stop with single-aisle aircraft like the 737," Hulst said while explaining how single-aisle aircraft have been the aviation growth drivers.

According to a Boeing press release, low-cost carriers continue to lead in the Indian market having expanded six-fold in the last decade.

"India also added approximately 30 international city pairs in the past year, and the 10 longest haul routes are all flown by Boeing wide-bodied aircraft," it added.

Get the best of News18 delivered to your inbox - subscribe to News18 Daybreak. Follow News18.com on Twitter, Instagram, Facebook, Telegram, TikTok and on YouTube, and stay in the know with what's happening in the world around you – in real time.

Read full article
Next Story
Next Story

facebookTwitter Pocket whatsapp
Most Active
Company Price Change %Gain
SBI 321.90 5.20
Bharti Airtel 393.05 8.43
ICICI Bank 499.85 0.24
Reliance 1,470.85 0.55
Yes Bank 68.70 -0.07
Company Price Change %Gain
Cipla 463.10 2.57
SBI 322.00 5.19
Bharti Airtel 393.20 8.42
Eris Life 410.15 -0.19
Yes Bank 68.70 -0.07
Top Gainers
Company Price Change %Gain
Bharti Infratel 227.15 8.87
Bharti Airtel 393.05 8.43
SBI 321.90 5.20
Grasim 755.15 2.89
Cipla 463.25 2.63
Company Price Change %Gain
Bharti Airtel 393.20 8.42
SBI 322.00 5.19
Kotak Mahindra 1,623.00 1.60
Sun Pharma 414.90 1.18
Tata Motors 168.60 0.96
Top Losers
Company Price Change %Gain
IOC 131.70 -3.76
Hero Motocorp 2,543.20 -1.87
BPCL 506.55 -1.57
Maruti Suzuki 7,147.20 -1.38
Vedanta 142.10 -1.32
Company Price Change %Gain
Hero Motocorp 2,542.85 -1.85
Maruti Suzuki 7,147.00 -1.38
ITC 250.65 -1.30
Vedanta 142.10 -1.29
NTPC 117.20 -1.14

Live TV

Countdown To Elections Results
To Assembly Elections 2018 Results