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Budget Carriers

Recent Highlights

Airfares expected to rise 7-9% this fiscal, highest since 2013; limited capacity additions since Jet Airways was grounded: Crisil

Airfares expected to rise 7-9% this fiscal, highest since 2013; limited capacity additions since Jet Airways was grounded: Crisil

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Downfall of Jet Airways: How Naresh Goyal’s airline walked into a trap of its own making from where there was no return

Downfall of Jet Airways: How Naresh Goyal’s airline walked into a trap of its own making from where there was no return

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Indian airline sector to shrink losses by two-thirds next year; domestic air traffic to rise by 14-16%: Report

Indian airline sector to shrink losses by two-thirds next year; domestic air traffic to rise by 14-16%: Report

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AirAsia India plans IPO, looks for banker to start process for public issue, says Tony Fernandes

AirAsia India plans IPO, looks for banker to start process for public issue, says Tony Fernandes

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All Stories for Budget Carriers

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  • Airshow - Boeing sees Asia-Pacific fleet nearly tripling over 20 years

    Airshow - Boeing sees Asia-Pacific fleet nearly tripling over 20 years

    Fp Archives • .

    SINGAPORE (Reuters) - The world's biggest planemaker Boeing ( BA.N ) expects nearly half of the world's air traffic growth will be driven by the Asia-Pacific region over the next 20 years, but is monitoring local currencies to assess airlines' ability to meet orders. On the eve of the Singapore Airshow, Boeing forecast the fleet of aircraft in the region would triple in size over the next two decades, sparking demand for close to 13,000 more planes valued at $1.9 trillion. Air travel has surged in the region, driven by a rise in disposable incomes and low air fares offered by budget carriers, notably in Southeast Asia

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