India’s aviation industry is poised for significant growth, with domestic carriers expected to add over 150 new aircraft in 2024, a 37 per cent increase year-on-year (YoY), according to a research report by Nuvama.However, the report mentioned that despite this notable addition, the current aircraft numbers in the country is still fall short of rapidly rising demand in the sector. As a result, airfares…
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Despite an estimated addition of 150 new aircraft in 2024, demand-supply mismatch will remain in India: Nuvama, ET TravelWorld
