Aviation rebound to sustain as vax drive keeps pace says Boeing India

By IANS | Published: November 26, 2021 01:15 PM2021-11-26T13:15:09+5:302021-11-26T13:30:21+5:30

New Delhi, Nov 26 Easing travel hesitancy along with a notable reduction in Covid infection rate and an ...

Aviation rebound to sustain as vax drive keeps pace says Boeing India | Aviation rebound to sustain as vax drive keeps pace says Boeing India

Aviation rebound to sustain as vax drive keeps pace says Boeing India

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New Delhi, Nov 26 Easing travel hesitancy along with a notable reduction in Covid infection rate and an accelerated vaccination drive will sustain the healthy rebound in Indias aviation sector, said aerospace major Boeing India.

Besides, easing restrictions as well as trends like ‘revenge travel' are expected to boost air passenger numbers.

Notably, the trend shows a gradual conversion of the pent-up demand into a more sustainable growth pattern for the industry.

"We are seeing a recovery in domestic traffic numbers which are now at similar levels of those in 2019," Boeing India President Salil Gupte said.

"Increase in vaccination penetration will first boost the domestic traffic which is currently leading the recovery."

Accordingly, the positive effects of the fast paced vaccination drive will eventually lead up to the opening of the international sector.

"There are places which have achieved 70 per cent or more vaccinations for people above 12 years, whereas there are many other places which have relatively lower rates."

"As and when the vaccination penetration increases, the international segment will subsequently open-up and come to a near normal level of operations."

Furthermore, he said that India remains one of the most important global markets for the company.

As per the latest annual India Commercial Market Outlook

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

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