The Future of Airbus and Boeing Soaring Skies in India

The Future of Airbus and Boeing Soaring Skies in India

As the world's fifth-largest economy, India is poised to become the third-largest air market globally, with air traffic growth expected to continue its upward trajectory. The International Air Transport Association (IATA) has recognized this trend by scheduling its annual general meeting in New Delhi in June.

India A Rising Star in Global Aerospace

Airbus and Boeing, two of the world's largest aircraft manufacturers, are keenly aware of India's potential. Remi Maillard, Airbus India and South Asia chief, notes that India is the rising star of global aerospace... it will remain so for the next 20 years. His counterpart at Boeing, Salil Gupte, agrees It's the most dynamic market on the planet — and certainly the most exciting.

Indian Civil Aviation A Meteoric Rise

The Indian civil aviation ministry boasts of a sector experiencing a meteoric rise. Air traffic in South Asia is expected to increase by more than 7 percent per year until 2043, according to Boeing's forecasts.

A Huge Untapped Market for Growth

Per capita air travel remains low in India at just 0.12, compared to 0.46 in China. This represents a significant opportunity for growth, as even a small percentage of the country's vast population could translate into millions of new air passengers.

The Potential for Double-Digit Growth

Boeing estimates that if just 2 percent of the 18 million daily train users were to switch to flying, the air market would double. With over 1.4 billion people and a growing middle class, India's potential is immense.

Prioritizing Air Travel Development

Indian Prime Minister Narendra Modi has made the development of the air sector a priority since taking office in 2014. His vision is to bring air travel to the common people and make it more accessible and affordable.

The Role of Airbus and Boeing Empowering Women and Fostering Growth

Both Airbus and Boeing are committed to promoting women in aviation and have launched initiatives to train pilots and mechanics. The manufacturers are also focusing on international growth, with Airbus highlighting India's locational advantage, demographic dividend, and economic growth.

International Flights The Next Leap for Indian Aviation

The next major leap for the Indian airline sector will be international flights. As Maillard notes, The kind of revolution we have seen in the Indian domestic market in the last few years is now happening in the long-haul market. Gupte agrees, predicting that international flights will make up 15 percent of India's total fleet within the next 20 years.

Orders Galore Airbus and Boeing Reap Benefits

Airbus and Boeing are already reaping the benefits of India's growth. Air India has placed a massive order for 470 aircraft, while IndiGo has ordered 530 planes from Airbus. These orders demonstrate the immense demand for air travel in India and highlight the opportunities available to manufacturers.

Looking Ahead Shaping the Future of Aerospace

As we look ahead, it is clear that India will play a crucial role in shaping the future of aerospace. With its soaring skies and growing middle class, the country presents a significant opportunity for growth and innovation. As designers, professionals, and enthusiasts of this field, we can't wait to see what the future holds.

Keywords Airbus, Boeing, India, air traffic, aviation, growth, international flights

Edward Lance Arellano Lorilla

CEO / Co-Founder

Enjoy the little things in life. For one day, you may look back and realize they were the big things. Many of life's failures are people who did not realize how close they were to success when they gave up.