Indian carriers are expected to require more than 2,200 aircraft in the next 20 years, said Mr Salil Gupte, Boeing India President. In order to tap the growth opportunities, he said that a few ingredients need to be put in place, including ensuring that there are enough pilots and mechanics to fly all these aeroplanes. The Indian aviation sector’s growth fundamentals are strong, and significant skilling of people to meet demand, rationalisation of fuel taxes and continued infrastructure investments will keep the growth going. Boeing, which has hundreds of aircraft on order from Indian carriers, has also announced various investments, including $100 million for training pilots in the country. It does not see slowdown in India and projects very high load factors, extremely high rates of profitability for the airlines, as per a report.
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