New Delhi: Indian airlines and plane makers Boeing and Airbus will reveal new orders this week and showcase large jets as they look to cash in on a boom in a fast-growing aviation market with a greater focus on international routes.
As India sets its sights on becoming a regional aviation hub to rival Dubai and Singapore, the Wings India event in its southern city of Hyderabad, running from Thursday to Sunday, is set to draw representatives of lessors and government as well.
“Air traffic, airports and fleet size are going to grow at a double-digit growth annually in years to come,” the Civil Aviation Minister Jyotiraditya Scindia, told Reuters last week in response to a question on industry growth.