In mid-July, an Airbus forecast caused waves in the rarefied world of aviation. According to this projection, India is the world’s fastest-growing air travel market. There was a good reason for this prognostication. Air India – in its new Tata-led avatar – is moving towards a decision on a $50 billion jet order, arguably one of the biggest in the history of the aviation industry, which could lift this sector out of its pandemic-induced morass. There is little doubt that the size of this Air India deal, once it goes through, will reinvigorate a sagging world aviation market.
