MUMBAI: Air India’s 470 aircraft order is set to be momentous in the Indian aviation industry’s growth as in the next 24 months other domestic carriers, led by IndiGo, are expected to place orders for a total of 1,000 to 1,200 aircraft, the Centre for Asia Pacific Aviation (CAPA) has forecast. “India is, perhaps, on the cusp of a long-awaited and historic change… it may finally be set to take its place as the global aviation market of the 21st century,” the report said.
Almost every Indian carrier is expected to order more aircraft in the coming two years for fleet replacement as well as growth, but the next humongous order is anticipated from IndiGo.
