Flying
High
The Indian
aviation industry is growing at a rapid pace, thanks to air transport
deregulation, emergence of new operators, lower fares and large
untapped demand for air travel. The numbers tell an interesting
story: India will require an estimated 1,100 aircraft. The average
annual passenger traffic growth in India through 2025 is estimated
at 7.7 per cent, well above the world average of 4.8 per cent
and China's 7.2 per cent.
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