Airbus raises India air travel forecast to 9.3%
after close1 source ↓written by the desknot a recommendation
- for India
- 9.3%
- 8.9%
- by 2045
- 3,480 new passenger aircraft
- 4.7%
Airbus has revised its long-term domestic air travel growth forecast for India to 9.3%, up from 8.9%. The manufacturer estimates a demand for 3,480 new passenger aircraft by 2045 to meet rising consumer needs. This positive outlook contrasts with a lowered forecast for China, now at 4.7%.
This adjustment highlights India's significant role in the global aviation sector, potentially boosting market sentiment for related aviation stocks.
Not investment advice. For informational purposes only.