Apr 15, 2016

Defence News, India needs 1,600 planes worth $224 billion in next 20 years: Airbus

New Delhi: European aviation major Airbus on Thursday said India will require 1,600 planes, including 1,230 narrow body aircraft, valued at $224 billion in the next 20 years as the country logs the fastest growth globally coupled with an expected 8.4% per year growth in passenger traffic during this period. At present, among the two major global aircraft makers, US-based Boeing Co. being the...

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