In the (Indian) domestic market, the growth rate (of the aviation industry) is 25 which could be sustained for the next three years but further forward, these factors will come into play (and orders for planes will ease).
More Quotes from Dinesh Keskar:
There is a tremendous shortage of pilots in India.Dinesh Keskar
We are concerned, how can fairs be so low It is very difficult to sustain this for a long time.
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This would mean a lot of business opportunities from this region for aircraft manufacturers in the coming years.
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The 737 continues to play an integral role in meeting the needs of India's rapidly growing aviation market, and we are thrilled that this outstanding customer is reaffirming its commitment to the Next-Generation 737 family by finalizing this agreement. The 737-900ER offers 9 percent lower operating costs per trip and 7 percent lower operating costs per seat than its competitor.
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The presidential visit is really going to be a watershed event. We feel trade growth will be very high going forward.
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