Mumbai : Indian carriers, which have placed large aircraft purchase orders, will require as much as $50 billion of financing to take the scheduled delivery of these planes over the next nearly 10 years, a report said.
With a total of 1,055 aircraft on order, as many as 100 planes consisting of wide-body, narrow-body and regional ones are to be delivered to Indian carriers each year for the next five years, said the report by aviation think-tank Centre for Asia Pacific Aviation (CAPA).
Against this background, the carriers will require an estimated $50 billion of financing to support projected deliveries until 2027, it said.
