Airlines in India are accelerating their fleet expansion plans as they prepare for a surge in growth amid the sector’s recovery from the coronavirus pandemic.
“The Indian aviation industry is in a robust growth phase,” says Neha Singh, an associate partner specialising in aviation at Link Legal. “A growing strong middle class … [is] key to sectoral growth. Fleet expansion is inevitable.”
Air India, which was taken over by Tata Group in January after the government privatised the…