XM n’offre pas ses services aux résidents des États-Unis d’Amérique.

Global airlines bet on India travel boom

<html xmlns="http://www.w3.org/1999/xhtml"><head><title>Global airlines bet on India travel boom</title></head><body>

Turkish turns to partner airlines to boost India flights

Wizz Air aims to launch first India flight in 2025

International passengers to grow to 160 million by 2030

Local carriers IndiGo, Air India expand with new planes

Aircraft lessor DAE says India demand "unlike" elsewhere

By Aditi Shah and Shivansh Tiwary

DUBAI/NEW DELHI, June 14 (Reuters) -Global airlines are launching new flights and expanding schedules in India, betting the South Asian giant will become one of the hottest travel markets over the next decade, airline officials and analysts say.

India, among the fastest-growing major aviation markets, took centre stage at the industry's largest gathering of global airline CEOs and aircraft leasing companies in Dubai last week, with domestic and international air travel surging.

The domestic air travel market in India is expected to double to 300 million passengers from a record 152 million in 2023, according to government data.

International traffic is set to grow faster, reaching 160 million passengers by 2030 from 64 million last year, estimates from aviation research group CAPA India show.

To tap that growth, Turkish Airlines THYAO.IS is evaluating flights between its southern beach town of Antalya and India, chairman Ahmet Bolat said at The International Air Transport Association (IATA) summit.

Turkish Airlines may run the route through Sun Express, a carrier it operates jointly with Lufthansa LHAG.DE, or through its Indian codeshare partner IndiGo, he said.

Hungary-based budget carrier Wizz Air WIZZ.L is aiming to launch its first flights to the country next year, CEO Jozsef Varadi told Reuters at a separate aviation conference in New Delhi last week, organised by CAPA India.

The strong outlook has prompted India's two biggest airlines - budget carrier IndiGo INGL.NS and Tata Group's Air India - to place record orders for hundreds of new planes, which will largely be delivered over 10 years.


India's total aircraft fleet is expected to increase to more than 1,500 by 2030 from around 700 currently, with most planes financed through sale and leaseback deals, making the country attractive to aircraft lessors.

"The demand growth is unlike what we see in any other jurisdictions," Firoz Tarapore, CEO at aircraft leasing company Dubai Aerospace Enterprise told Reuters in Dubai.

"If you say that (fare) price discipline is good and demand is on a secular uptrend then I think it's a market that we as a lessor community will want to be part of that growth," he said.

The government is backing up this growth with an investment of about $12 billion in new and upgraded airports.

"India is taking its place on the world stage," said IndiGo CEO Pieter Elbers, talking to reporters on the sidelines of the IATA meet. Elbers moved to India two years ago, leaving his position as CEO of Dutch carrier KLM.

Such is the buzz around India, some big international airlines are frustrated at a lack of market access. Emirates and Turkish Airlines want more flight capacity rights in India, but Prime Minister Narendra Modi's government is prioritising domestic carriers.

"In the end, you are compromising the strength of your economy by restricting access not only of Emirates, but all foreign carriers," Emirates President Tim Clark said at the Dubai conference.

Much of India's travel growth is expected to come from its huge diaspora of 35 million people, who mostly live in North America, Europe and South Africa, as well as a growing crop of adventurous, young Indian travellers with rising incomes.

"This coming decade is India's decade for growth," independent aviation analyst Brendan Sobie said, adding that India could experience the kind of travel surge China witnessed in the decade prior to the COVID pandemic.

Reporting by Aditi Shah and Shivansh Tiwary; Additional reporting by Tim Hepher, Alex Cornwell and Lisa Barrington in Dubai; Editing by Joe Brock and Sonali Paul


Avertissement : Les entités de XM Group proposent à notre plateforme de trading en ligne un service d'exécution uniquement, autorisant une personne à consulter et/ou à utiliser le contenu disponible sur ou via le site internet, qui n'a pas pour but de modifier ou d'élargir cette situation. De tels accès et utilisation sont toujours soumis aux : (i) Conditions générales ; (ii) Avertissements sur les risques et (iii) Avertissement complet. Un tel contenu n'est par conséquent fourni que pour information générale. En particulier, sachez que les contenus de notre plateforme de trading en ligne ne sont ni une sollicitation ni une offre de participation à toute transaction sur les marchés financiers. Le trading sur les marchés financiers implique un niveau significatif de risques pour votre capital.

Tout le matériel publié dans notre Centre de trading en ligne est destiné à des fins de formation / d'information uniquement et ne contient pas – et ne doit pas être considéré comme contenant – des conseils et recommandations en matière de finance, de fiscalité des investissements ou de trading, ou un enregistrement de nos prix de trading ou une offre, une sollicitation, une transaction à propos de tout instrument financier ou bien des promotions financières non sollicitées à votre égard.

Tout contenu tiers, de même que le contenu préparé par XM, tels que les opinions, actualités, études, analyses, prix, autres informations ou liens vers des sites tiers contenus sur ce site internet sont fournis "tels quels", comme commentaires généraux sur le marché et ne constituent pas des conseils en investissement. Dans la mesure où tout contenu est considéré comme de la recherche en investissement, vous devez noter et accepter que le contenu n'a pas été conçu ni préparé conformément aux exigences légales visant à promouvoir l'indépendance de la recherche en investissement et, en tant que tel, il serait considéré comme une communication marketing selon les lois et réglementations applicables. Veuillez vous assurer que vous avez lu et compris notre Avis sur la recherche en investissement non indépendante et notre avertissement sur les risques concernant les informations susdites, qui peuvent consultés ici.

Avertissement sur les risques : votre capital est à risque. Les produits à effet de levier ne sont pas recommandés pour tous. Veuillez consulter notre Divulgation des risques