 "graph")
The combined in-service fleet of Indian airlines is 588 (as of May 2018). The average age of aircraft in service is 7.1 years.
In the past 10 years, the total fleet has grown at an average rate of 4.8 per cent per annum.
Over 440 planes in India are on operating lease, spread among 43 lessors, making India one of the most diversified leasing markets. Around 76 per cent of the fleet are on operating lease, which is highest in the world.
Avolon is the largest lessor with 53 aircraft in India. GE Capital Aviation
In the past 10 years, the total fleet has grown at an average rate of 4.8 per cent per annum.
Over 440 planes in India are on operating lease, spread among 43 lessors, making India one of the most diversified leasing markets. Around 76 per cent of the fleet are on operating lease, which is highest in the world.
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