Airlines in fleet expansion mode

Mumbai: Air carriers are planning to add 30% more aircraft to its existing fleet in the next three years. The move suggests a sustained recovery in the air travel market when compared to the last fiscal.
In FY10, airlines had deferred its fleet expansion plan owing to a dip in air traffic.
According to a recent Centre for Asia Pacific Aviation (CAPA) report, airlines in the country will soon start ordering aircraft for fleet expansion. The report states that IndiGo is set to acquire up to......

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