Indian carriers may order 380 more planes by March next yr: Capa India
Indian carriers, which currently have an order book of 1,618 planes, could end up ordering about 380 more aircraft by March next year.
The additional aircraft will cater to the high air traffic demand domestically and internationally, aviation consultancy firm CAPA India said on Friday.
The new orders are going to come from Air India converting some of its 370 options to a firm order for every few months, supplemented by possible further orders by other Indian carriers, it said.
When Air India had placed an order for 470 planes in February last year with Airbus and Boeing, the Tata-run airline had an option to order 370 more aircraft.
