The Power of Airbus and Boeing Riding the Tides of India's Soaring Skies

The Power of Airbus and Boeing Riding the Tides of India's Soaring Skies

As India's air traffic soars to unprecedented heights, global aerospace giants like Airbus and Boeing are positioning themselves for a piece of the action at the prestigious Aero India exhibition. With the International Air Transport Association (IATA) set to hold its annual general meeting in June, the country's market potential is on full display.

India The Rising Star of Global Aerospace

Remi Maillard, Chief of Airbus India and South Asia, aptly describes India as the rising star of global aerospace. This assessment is well-founded, given the country's sustained economic growth, middle-class expansion, and its ranking as the third-largest air market in the world, after the United States and China.

Boeing's Optimism

Airbus rival Boeing is equally enthusiastic about the Indian market. Salil Gupte, Head of Boeing India, describes it as the most dynamic market on the planet – and certainly the most exciting.

India's Soaring Skies Ahead

The civil aviation ministry proudly boasts of soaring skies in a sector experiencing meteoric growth. According to Boeing forecasts, traffic growth in South Asia will increase by more than 7 percent per year until 2043.

Untapped Potential

Per capita air travel remains low in India at just 0.12, compared to 0.46 in China – a telling comment on the untapped potential of the Indian aviation market. Railways remain popular, but trains are often slow and chaotic, leaving ample room for growth.

A Priority for PM Modi

Prime Minister Narendra Modi has made the development of the air sector a priority since coming to power in 2014. His goal is to bring air travel to the common people, and he's taken steps to boost air links between small towns and megacities.

Investing in the Next Generation

The government has launched programs to train over 30,000 pilots and mechanics by 2047 – a major effort to develop India's aviation infrastructure. Airbus and Boeing are key partners in this endeavor, with a focus on promoting women.

The International Frontier

The next leap for Indian airlines will be international flights. The kind of revolution we've seen in the domestic market is now happening in the long-haul market, says Maillard. Boeing expects more orders for large aircraft capable of long-haul flights, which will make up 15 percent of India's total fleet within the next 20 years.

Order Basket Overflows

India's order basket is overflowing with aircraft manufacturers like Airbus and Boeing vying for a share. Air India has ordered hundreds of planes, while IndiGo, the country's largest carrier, has placed massive orders as well.

In conclusion, the power of Airbus and Boeing in India is undeniable. With the Indian market growing rapidly, these manufacturers are poised to capitalize on this growth. As the industry continues to evolve, it will be exciting to see how these companies shape the future of air travel in India.

Keywords Aerospace, Aviation, Air Traffic, India, Airbus, Boeing, Aero India, International Air Transport Association (IATA)

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.