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Indian carriers ready to splurge on new planes in booming aviation market

With more than 1,000 aircraft on order, India to become third-largest buyer of planes

Indian carriers ready to splurge on new planes in booming aviation market
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Arindam Majumder New Delhi
Indian carriers will have an order book of more than 1,000 aircraft - the third-largest in the world after the US and China. With roughly 550 commercial aircraft in service now, the new acquisition will translate into 2.2 planes on order for every single aircraft in service. Day One of the Hyderabad aero show was all about these lofty numbers, as top aviation executives spoke about their ambitious expansion plans.
 
The industry captains, including Vistara Chief Executive Officer (CEO) Leslie Thng, AirAsia India CEO Amar Abrol, and Jet Airways CEO Vinay Dube, were all there at Begumpet Airport in

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