Airbus raises India domestic air-travel growth forecast to 9.3% through 2045
Airbus now expects India’s domestic air travel market to grow 9.3% annually through 2045, up from 8.9%, and projects demand for 3,480 new passenger aircraft. The outlook points to sustained growth in airport footfall and travel-linked consumer spending.
What happened
Airbus raised India’s domestic air travel growth forecast to 9.3%, making it Asia-Pacific’s fastest-growing aviation market. India is projected to require 3,480
Key facts
- India domestic air travel growth forecast: 9.3%, raised from 8.9%
- India new passenger aircraft needed: 3,480 over two decades
- Asia-Pacific share of global new aircraft demand: 45%
- Global new aircraft required: approximately 42,000
- China new passenger aircraft needed: 8,830
- Rest of Asia-Pacific new passenger aircraft needed: 6,880
- China domestic traffic growth forecast: 4.7%, reduced from 5.4%
- Chinese airline deliveries pre-Covid: around 400 aircraft annually
Why this matters
The projected expansion in domestic aviation supports partnerships or acquisitions in airport concessions, travel F&B, loyalty platforms and last-mile mobility across high-growth Indian hubs.