Ashwin Naidu

Aviation

Boeing forecasts India and South Asia will need around 3,300 new aircraft by 2044.

According to Boeing’s Commercial Market Outlook (CMO) for South Asia, the rapidly growing middle class, steady economic growth, and ongoing investments in airports and air connectivity are expected to propel passenger air traffic across India and South Asia to grow at an average annual rate of 7% over the next 20 years. According to Boeing, in order to keep up…