RYAN WEIR, VICE PRESIDENT OF COMMERCIAL SALES AND MARKETING FOR INDIA, BOEING COMMERCIAL AIRPLANES
INDIA’S ECONOMY HAS SHOWN REMARKABLE GROWTH IN the last three decades, contributing 90 per cent of South Asia’s economic output and ranking among the top growth economies globally pre-pandemic. As the world’s third-largest civil aviation market, India’s fleet is set to nearly quadruple in size by 2041, compared to 2019. The country is also projected to receive over 90 per cent of South Asia’s airplane deliveries, requiring about 2,400 new aircraft, while its cargo market is set to expand significantly, with the fleet growing from 15 to 80 airplanes by 2042, driving a $135 billion demand for commercial services. Boeing’s 2023 Pilot and Technician Outlook forecasts demand in South Asia for 37,000 pilots and 38,000 maintenance technicians over the next 20 years to meet industry needs, driven primarily from growing demand in India.
To keep up with this growth, India needs top-notch MRO services, as a large chunk of MRO spending currently goes abroad. India benefits from a skilled workforce, including experienced ex-servicemen, and strong industry capabilities, allowing it to offer cost-effective solutions and meet high customer standards.
HOW BOEING IS HELPING KEEP MRO SPENDING IN INDIA
Bu hikaye SP’s Aviation dergisinin Issue 1, 2024 sayısından alınmıştır.
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Bu hikaye SP’s Aviation dergisinin Issue 1, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Giriş Yap
IAI LAUNCHES AEROSPACE SERVICES INDIA
Israel Aerospace Industries IAI) reiterates its 3-decades’ long commitment with the launch of AeroSpace Services India ASI) in New Delhi
REDEFINING COMFORT IN BUSINESS JETS
Leading Bizjet manufacturers are transforming business travel with the use of cutting-edge technologies to deliver the ultimate travel experience Top of Form
AÉROSPATIALE/BAC CONCORDE: RACING THE SUN
Concorde was the only commercial plane that could race the sun. If it departed London at 10 am local time, it reached New York before 10 am local time.
POWERING THE FUTURE
CFM International showcases its RISE next-generation engine architecture that aims to revolutionise engine design, targeting lower noise levels and achieving 100 per cent SAF’ certification
ANOTHER SUCCESS WITH THE AUTONOMOUS LANDING EXPERIMENT
ISRO achieved a major milestone in the area of Reusable Launch Vehicle RLV) technology, through the RLV LEX-02 landing experiment, the second of the series
IAF PARTNERING EMBRAER DEFENSE
With their versatility, operational efficiency, and technological advancements, Embraer aircraft have become a trusted component of the AF’s aerial arsenal
"INDIA'S CHARTER SEGMENT IS UNDER-SERVED" - ARUN KASHYAP
An Unserved private charter segment propels MRO veteran Arun Kashyap to start off on his own new venture Sirius India Airlines by partnering with a UAE-based conglomerate Airavat Aviation.
"AI WILL IMPROVE OUR OPERATIONAL EFFICIENCY MANY TIMES MORE"
In an exclusive interview, Air Marshal Ashutosh Dixit, Deputy Chief of the Air Staff speaks with Manish Kumar Jha for SP’s Aviation, on the IAF’s capability roadmap and the thrust on the next-generation technology adoption
A CATALYST FOR ECONOMIC GROWTH
Business Aviation is crucial to the growth of an economy and by recognising the economic and social benefits of business aviation and implementing supportive policies, governments can create an environment that fosters growth and strengthens the overall economy
CHARTINGA SUSTAINABLE COURSE
India's aviation sector is experiencing rapid growth accompanied by an inevitable surge in carbon emissions. To counter this environmental challenge, collaborative initiatives between airlines and the MoCA need to taken shape for the integration and adoption of SAF.