Vaccination pace keeps Boeing upbeat on aviation biz

Easing travel hesitancy along with a notable reduction in Covid infection rate and an accelerated vaccination drive will sustain the healthy rebound in India’s aviation sector, said aerospace major Boeing India.
Besides, easing restrictions as well as trends like ‘revenge travel’ are expected to boost air passenger numbers. Notably, the trend shows a gradual conversion of the pent-up demand into a more sustainable growth pattern for the industry.

We are seeing a recovery in domestic traffic numbers which are now at similar levels of those in 2019, Boeing India President Salil Gupte said. “Increase in vaccination penetration will first boost the domestic traffic which is currently leading the recovery. Accordingly, the positive effects of the fast paced vaccination drive will eventually lead up to the opening of the international sector.

There are places which have achieved 70 per cent or more vaccinations for people above 12 years, whereas there are many other places which have relatively lower rates.

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