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) $ 76,197.42 1.80%
vested-xor
Vested XOR (VXOR) $ 3,405.08 99,999.99%
ethereum
Ethereum (ETH) $ 2,922.01 3.62%
tether
Tether (USDT) $ 1.00 0.08%
solana
Solana (SOL) $ 204.18 8.88%
bnb
BNB (BNB) $ 598.25 0.60%
usd-coin
USDC (USDC) $ 1.00 0.00%
xrp
XRP (XRP) $ 0.551294 0.14%
dogecoin
Dogecoin (DOGE) $ 0.197573 2.75%
staked-ether
Lido Staked Ether (STETH) $ 2,919.03 3.55%
cardano
Cardano (ADA) $ 0.431263 16.36%
tron
TRON (TRX) $ 0.161562 0.62%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,459.01 3.82%
the-open-network
Toncoin (TON) $ 4.90 0.30%
avalanche-2
Avalanche (AVAX) $ 28.09 4.78%
shiba-inu
Shiba Inu (SHIB) $ 0.000019 1.61%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 76,091.39 1.77%
weth
WETH (WETH) $ 2,921.72 3.53%
chainlink
Chainlink (LINK) $ 12.93 5.11%
bitcoin-cash
Bitcoin Cash (BCH) $ 372.92 1.18%
sui
Sui (SUI) $ 2.31 1.92%
polkadot
Polkadot (DOT) $ 4.28 5.48%
leo-token
LEO Token (LEO) $ 6.40 3.00%
usds
USDS (USDS) $ 0.991092 0.99%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,073.36 3.69%
litecoin
Litecoin (LTC) $ 71.48 0.87%
uniswap
Uniswap (UNI) $ 8.74 2.11%
near
NEAR Protocol (NEAR) $ 4.22 1.56%
aptos
Aptos (APT) $ 9.70 0.68%
pepe
Pepe (PEPE) $ 0.000011 3.56%
bittensor
Bittensor (TAO) $ 501.36 3.07%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.41 1.42%
internet-computer
Internet Computer (ICP) $ 7.74 0.22%
dai
Dai (DAI) $ 0.999708 0.04%
ethereum-classic
Ethereum Classic (ETC) $ 20.28 1.75%
monero
Monero (XMR) $ 164.04 0.04%
stellar
Stellar (XLM) $ 0.101188 3.01%
crypto-com-chain
Cronos (CRO) $ 0.11 28.58%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.23%
kaspa
Kaspa (KAS) $ 0.112428 4.77%
whitebit
WhiteBIT Coin (WBT) $ 19.57 1.51%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.364455 6.98%
aave
Aave (AAVE) $ 182.89 1.83%
blockstack
Stacks (STX) $ 1.67 0.12%
okb
OKB (OKB) $ 40.03 0.11%
dogwifcoin
dogwifhat (WIF) $ 2.36 1.94%
first-digital-usd
First Digital USD (FDUSD) $ 0.999444 0.00%
arbitrum
Arbitrum (ARB) $ 0.57267 0.97%
filecoin
Filecoin (FIL) $ 3.72 0.32%
mantle
Mantle (MNT) $ 0.657415 3.67%