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Domestic Airlines' Fleet To Touch 1,400 Planes In 5 Years

BNE News Desk , November 21, 2024
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New Delhi: Civil Aviation Secretary Vumlunmang Vualnam on Thursday said the number of planes with domestic airlines will increase to 1,400 in the next five years as he highlighted the growth potential of the country's aviation space. Currently, the fleet is around 800 aircraft and leading carriers IndiGo and Air India have placed significant plane orders, according to a PTI report. 

At an event in New Delhi, the secretary also mentioned about the opportunities for women in the aviation sector, including in the drone segment. 

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India's domestic airline fleet to grow from 800 to 1,400 planes in five years, with rising passenger numbers and aviation sector opportunities.

"In the last 10 years, the number of airports has more than doubled from 74 to 157," Vumlunmang Vualnam said and added that the number of passengers has doubled to around 22 crore from 11 crore.

Secretary Highlights Success of Rs 120-Crore PLI Scheme for Drones at 'Giving Wings To Dreams Awards 2024

While speaking at the 'Giving Wings to Dreams Awards 2024' hosted by Women in Aviation India in collaboration with the civil aviation ministry, the secretary revealed that the Rs 120-crore Production Linked Incentive (PLI) scheme has been successful and beneficiary companies have seen their overall turnover rose to Rs 1,400 crore. The first PLI scheme for drones, introduced in 2021 with an outlay of Rs 120 crore for three financial years starting from 2021-22, has ended.

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