Stock Market News

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

2022.09.01 09:27

Boeing sees Indian airlines raising capacity by 25% over next year
FILE PHOTO: An airport staff member pushes trollies at the entrance of Chhatrapati Shivaji International Airport, after the government allowed domestic flight services to resume, during an extended nationwide lockdown to slow the spread of the coronavirus

NEW DELHI (Reuters) – Planemaker Boeing (NYSE:BA) Co 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.

Source

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 98,320.34 0.28%
ethereum
Ethereum (ETH) $ 3,419.43 2.26%
tether
Tether (USDT) $ 1.00 0.01%
solana
Solana (SOL) $ 255.99 1.26%
bnb
BNB (BNB) $ 668.22 1.65%
xrp
XRP (XRP) $ 1.47 5.39%
dogecoin
Dogecoin (DOGE) $ 0.436837 4.92%
usd-coin
USDC (USDC) $ 0.999883 0.04%
cardano
Cardano (ADA) $ 1.07 2.21%
staked-ether
Lido Staked Ether (STETH) $ 3,419.56 2.26%
tron
TRON (TRX) $ 0.216012 3.12%
avalanche-2
Avalanche (AVAX) $ 42.25 2.19%
stellar
Stellar (XLM) $ 0.578635 33.47%
the-open-network
Toncoin (TON) $ 6.43 14.82%
shiba-inu
Shiba Inu (SHIB) $ 0.000027 0.19%
wrapped-steth
Wrapped stETH (WSTETH) $ 4,053.90 2.38%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 97,892.23 0.53%
polkadot
Polkadot (DOT) $ 9.01 19.41%
chainlink
Chainlink (LINK) $ 17.71 4.70%
bitcoin-cash
Bitcoin Cash (BCH) $ 512.74 3.84%
weth
WETH (WETH) $ 3,422.30 2.31%
sui
Sui (SUI) $ 3.46 4.64%
pepe
Pepe (PEPE) $ 0.000021 2.82%
near
NEAR Protocol (NEAR) $ 6.67 6.21%
leo-token
LEO Token (LEO) $ 8.67 1.32%
litecoin
Litecoin (LTC) $ 101.82 0.28%
aptos
Aptos (APT) $ 12.90 2.19%
uniswap
Uniswap (UNI) $ 11.06 5.64%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,600.48 2.31%
hedera-hashgraph
Hedera (HBAR) $ 0.151392 0.71%
internet-computer
Internet Computer (ICP) $ 11.61 5.49%
crypto-com-chain
Cronos (CRO) $ 0.198099 3.32%
usds
USDS (USDS) $ 1.00 0.36%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.579692 7.60%
ethereum-classic
Ethereum Classic (ETC) $ 30.21 3.16%
render-token
Render (RENDER) $ 7.97 1.16%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.52 14.90%
bittensor
Bittensor (TAO) $ 539.70 1.96%
kaspa
Kaspa (KAS) $ 0.154589 2.73%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.07%
arbitrum
Arbitrum (ARB) $ 0.880492 6.41%
whitebit
WhiteBIT Coin (WBT) $ 24.73 0.49%
bonk
Bonk (BONK) $ 0.000047 5.02%
filecoin
Filecoin (FIL) $ 5.90 15.19%
cosmos
Cosmos Hub (ATOM) $ 9.04 13.93%
vechain
VeChain (VET) $ 0.043378 0.62%
dai
Dai (DAI) $ 0.999841 0.07%
mantra-dao
MANTRA (OM) $ 3.78 0.43%
dogwifcoin
dogwifhat (WIF) $ 3.29 2.77%
okb
OKB (OKB) $ 54.13 9.88%