Indian airlines set to soar: Over 150 aircraft to join fleet in 2024 but it might not be enough
New Delhi: Indian carriers plan to add more than 150 aircraft in 2024, up 37% from last year as Airbus and Boeing step up production to meet a record number of orders by the country’s carriers. The number of planes set to be inducted this year is more than the 145 added in 2019, before the Covid-19 pandemic upended the industry.
Most of the planes will be introduced by market leader IndiGo and Air India, which is set for its fastest annual fleet addition as the Tata Group presses forward with its revival plan for the privatised carrier. Still, airline executives said all these new planes won’t be enough to cater to the growing demand, keeping fares firm and likely leading to a profitable year for the industry.
