Sunday, January 19, 2020

Wings India 2020 from March 12 to 15 in Hyderabad

Billed as Asia's largest exposition on civil aviation, Wings India 2020 will come alive at Hyderabad's
Begumpet airport from March 12 to 15. Besides static displays of commercial, business, regional
and cargo aircra, the event will also see CEOs forum, conferences and more.
But the focus will also be on business. Over the next 20 years, Indian companies are estimated to
acquire 2,100 new aircra worth the US $ 290 billion.
“Three hundred business jets, 300 small aircra and 250 helicopters are expected to be added to
the current fleet of Indian carriers in the next five years,” informs the Union Civil Aviation Ministry.
The Airports Authority of India (AAI) has estimated that by 2022, the Indian aviation market will be
third largest globally, aer the United States and China. By 2040, the passenger traic will grow
from 315 million to 1.1 billion, as AAI Member (Operations) I N Murthy informed at a promotional
event for Wings India 2020 here on Saturday.
AAI, he said, will invest US$ 3.5 billion over the next five years in airports and other related
infrastructure. The land requirement is about 1.5 lakh hectares.
19/01/20 Deccan Herald
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