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Boeing forecasts demand for 1,850 new airplanes in India

By Swati Deshpande,

Added 19 July 2016

According to Boeing’s CMO, single-aisle airplanes will continue to account for the largest share of new deliveries

Boeing released its annual Current Market Outlook (CMO) for India. According to this Outlook, the company forecasts a demand for 1,850 new airplanes in India, valued at $265 billion, over the next 20 years. Speaking about rising demand, Dr Dinesh Keskar, Senior Vice President, Asia Pacific and India Sales, Boeing Commercial Airplanes said, "India continues to have a strong commercial aerospace market and the highest domestic traffic growth in the world."

Furthermore, commenting on the new aviation policy, he said "With the new aviation policies in place, we see even greater opportunities and remain confident in the market and the airlines in India."

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