India requires 2,210 Aircraft over next 20 years: Airbus

One of the leading aircraft manufacturers around the globe- Airbus has predicted that in the next 20 years, India will require 2,210 aircraft. The company also informed that India’s air traffic is expected to increase at a rate of 6.2 percent per year which will be the highest in the world. Airbus further added that these 2,210 aircraft will comprise 1,770 new small and 440 medium and large aircraft. The aircraft manufacturing company further said that to meet the demands of the rapidly growing aviation industry, India will eventually require an additional 34,000 pilots and 45,000 technicians by 2040. Head of Airline Marketing of Airbus India and South Asia, Brent McBratney said: "Over the next decade, India will grow to have the largest population in the world, its economy will grow the fastest among the G20 nations, and a burgeoning middle class will spend more on air travel. As a result, passenger traffic in India will grow at 6.2 percent per annum by 2040, the fastest among the major economies and well above the global average of 3.9 percent." The company told that it for the next ten years, it will deliver more than one aircraft to India every week.