Global Market Scenario

Boeing’s India forecast was published as part of the company’s annual Commercial Market Outlook (CMO), the country’s passenger traffic is expected to outpace global growth, doubling from pre-pandemic levels by 2030.

Owing to India’s rising economy and developing middle class, Boeing forecasts robust aviation growth in the county over the next 20 years, boosting demand for more than 2,200 new jets worth nearly US$ 320 billion.