Indian carriers need $50 bn to buy planes over 10 yrs: Report
Mumbai, Aug 5 (DIN NEWS) Indian carriers, which have placed large aircraft purchase orders, will require a whopping USD 50 billion of financing to take the expected scheduled delivery of these planes over the next nearly 10 years, a report said. With a total of 1,055 aircraft on order, as many as 100 planes consisting of wide-body, narrow-body and regional ones are to be delivered to Indian carriers each year for the next five years, said the report by Sydney-based aviation think-tank Centre for Asia Pacific Aviation (CAPA). Against this…
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