- Tuesday, February 25, 2025
Remi Maillard said Airbus will double its sourcing from India to $1.5 billion by the end of the decade from the existing $750 million.
By: Shubham Ghosh
INDIA will need 2,840 new aircraft and 41,000 pilots besides 47,000 technical staff in the next two decades, Remi Maillard, president and managing director of Airbus India and South Asia said on Thursday (17).
Addressing a press conference on the sidelines of Wings India 2024, an aviation conclave and exhibition that kicked off in the southern city of Hyderabad on Friday (18), Maillard said Airbus will double its sourcing from India to $1.5 billion by the end of the decade from the existing $750 million.
He said that last year, Airbus got orders for 750 aircraft and delivered 75 units to Indian carriers — 41 to Indigo, 19 to Air India, 14 to Vistara and one to Go First.
Read: Record orders from India boosts Airbus figures in 2023 first half
“India is a force that will power global aviation over the next decades…the forecast is that India will require 2,840 new aircraft over the next 20 years to serve the needs of its growing aviation market,” he said.
Read: Airbus announces record 500-plane deal with IndiGo
He further said that the A350 aircraft is the catalyst of the revolution in international travel in India and already six of those planes were delivered to Air India last year.
Maillard predicted that in the next 20 years, India will remain the fastest growing economy in the world with 6.2 per cent growth annually.
(With PTI inputs)
