Boeing sees Indian airlines raising capacity by 25% over next year

Jet Airways (India)

01/09/2022 07:08

NEW DELHI, Sept 1 (Reuters) - Planemaker Boeing Co  BA.N 
expects Indian airlines to boost their capacity by at least 25%
over the next year as demand rebounds quickly in the world's
fastest-growing major market, an executive said on Thursday.
    "We are forecasting airlines to rebound quickly and add
25%-plus percent annual seats back into the market," Dave
Schulte, the managing director for regional marketing at Boeing
Commercial Airplanes, told reporters.
    In the longer term, Boeing expects an annual capacity
increase of 7% in India, outpacing other top high-growth
markets, he added.

 (Reporting by Aditi Shah; Writing by Jamie Freed; Editing by
Clarence Fernandez)
 ((aditi.shah@tr.com; +91-11-4954 8023, +91-11-3015 8023;
Reuters Messaging: twitter: @aditishahsays))