India needs more planes

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New Delhi, Oct 07 2007 : The Indian Aviation sector is certainly looking up! According to the outlook released by European aircraft major Airbus India will need over 1,000 new planes over the next 20 years.

Meanwhile, according to US aerospace giant Boeing, India would need 911 new commercial passenger aircraft worth $86 billion in the same period. India's rapid economic expansion in recent years, coupled with policies to break the monopoly of state-run companies in the airline sector has driven the demand for air travel and new planes.

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