Mint. The widespread Indian diaspora across the US, Europe, Africa, and South America also aids the demand momentum, he added.Since 2023, Indian airlines have placed a cumulative order of 100 wide-body aircraft with a 70 wide-body aircraft order placed by Air India in February 2023 and another 30 by IndiGo last month.“I would say it is a good thing happening in this sort of domain and good for the industry and consumers.
The size of opportunity is enough, that will not be displacing or taking away from each other," he said.Emirates is the largest foreign player on the international air traffic market to and from India, with around 10% share. As of March 2024, Emirates operated a fleet of 260 wide-body aircraft, including Airbus A380 and Boeing B777 family aircraft.
It also has another 310 wide-body aircraft on order, including Airbus A350, Boeing B787 and B777 family aircraft. It currently operates 167 weekly flights connecting 9 cities in India to Dubai.While Emirates has been trying to increase flights operations from India since 2014, it has so far been restricted to operate 65,000 seats for Dubai under the bilateral agreement between India and the UAE.
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