Airlines in India to add 100 aircraft per year to fly 412 mn passengers
Air travel in India is set to become much more accessible over the next few years, with the country’s airlines set to add 100 aircraft per year to their fleets by 2026. This could result in an estimated 412 million passengers being able to take to the skies. The news was revealed in a report published by the Federation of Indian Airlines (FIA), which represents the country’s top airlines.
The report states that the airlines are currently in the process of acquiring a total of 1,000 additional aircraft over the course of the next four to five years. This move is set to have a major impact on the Indian aviation industry. The FIA highlights the fact that this will significantly increase the number of people who can access air travel.
The report also states that the airlines are planning to add a total of 6,000 new routes over the period. It will make it easier for travelers to reach their desired destinations. This is particularly welcome news as India is still largely an underserved market, with many areas still lacking in transport infrastructure.
This expansion in air travel will also have a positive effect on the economy. According to the report, the additional aircraft and routes will create around 250,000 new jobs. And, it will generate around $41 billion in revenue. The growth in air travel will also help to make India a more attractive destination for international tourists. Also, it provides a much-needed boost for domestic tourism.
Overall, this FAI news is a positive development for the Indian aviation industry and for the country as a whole. With the addition of 100 aircraft per year, the aviation industry is set to become much more accessible. Also, Indian Airlines gives millions of people the opportunity to experience air travel.