Tuesday, June 23, 2015

Indian airlines doing better, need to get fares right: Boeing

As per a PTI report, bullish on Indian aviation market, Boeing has said that operating environment has improved for airlines in the country but there is a need to get the airfare metrics right to make profits. “We are very clear that the Indian market is going to grow at the fastest rate across the world. Our 20-year annual growth rate forecast for India currently stands at 8 per cent and we had estimated the country's aircraft requirement at USD 205 billion.”
"But we will revise upward this forecast this month," Dinesh Keskar, Senior Vice President, Asia Pacific and India Sales, Boeing Commercial Airplanes said.
Keskar said at the Paris International Air Show that fundamentals remain good for the Indian aviation market, irrespective of the absence of any major announcements of orders placed by Indian carriers at the week-long show.
22/06/15 Travel Biz monitor
To Read the News in full at Source, Click the Headline