Boeing (BA.N) said on Thursday it expects Indian and South Asian airlines will add 2,835 commercial aircraft to their fleet over the next 20 years, a four-fold increase over current levels, as a rising middle class and healthy economic growth spur travel.
The US planemaker’s previous rolling 20-year market forecast, issued last year, was for 2,705 jets.
“People will have greater access to air travel, and the region’s airlines will
