India will take deliveries of 2,100 new planes in next 20 years says Boeing

Vastavam web: Boeing today said India will take deliveries of 2,100 new planes worth USD 290 billion in the next 20 years, calling it the “highest forecast” for the country.India’s share will account for more than 5.1 per cent of the total global demand of 41,030 aircraft, the American aeronautic giant said.According to Boeing’s Current Market Outlook released today, almost 85 per cent of these new planes in India are likely to be single-aisle with low-cost carriers operating more than 60 per cent of all flights. Keskar, however, warned that infrastructure could be a challenge for the country with airports in Mumbai being ‘choked’.

This could be one of the factors why bigger planes could grow from current 15 per cent to 25 per cent of the total aircraft, he said.Boeing said it will revise its projection next year depending on how the government’s regional connectivity scheme (RCS) takes off.”RCS will allow opening of new routes, thus providing more connectivity. Over the next 4-5 years, the growth on those routes will make a Boeing 737 viable. We are very bullish that if it (RCS) works out, we will be one of the beneficiaries,” Keskar said.

Boeing has already started the delivery of its 737 MAX 8 aircraft and will be delivering its first 737 MAX 9 next year.It had also launched its 737 MAX 10 at Paris Air Show earlier this year.In 2019, Boeing plans to launch 737 MAX 7, the smallest member of the MAX family, as well as 737 MAX 8-200 with 200 economy seats.