Indian carriers will require 1,290 new passenger aircraft valued at US$190 billion between now and 2032 to satisfy surging annual demand, according to Airbus’ latest market forecast. Indian annual passenger traffic growth rates of 8.6 per cent are well above the regional Asia Pacific average growth rate of 6.1 per cent and the world average 4.7 per cent.
Callio Says Legislature Should Enable Carriers To Compete Globally
Airlines for America (A4A) President and CEO Nicholas E. Calio testified Thursday before the Senate Commerce, Science and Transportation Committee’s Subcommittee on Aviation Operations, Safety and Security, addressing the critical role airlines play in driving economic growth and job creation across the U.S. and globally.
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