The Indian aviation industry is on a roll. The dramatic post-pandemic recovery of Indian passenger traffic, sent most airlines into a tizzy. According to the aviation advisory and research firm, CAPA India’s forecast, domestic air traffic in the country is slated to rise 20 per cent to 160 million in 2024, while international traffic is to climb by 22 per cent to 75 million. Grappling with this sudden boom, Indian airlines have rushed to place orders for 1,200 aircraft until March 2023, of which 132 are expected to be inducted in this fiscal year, taking the country’s total fleet to 816 aircraft.
