Bullish on ‘massive potential’ in air cargo: Boeing

Aircraft maker Boeing expects India’s air traffic to annually grow by nearly 7 per cent through 2040, and is bullish on the “massive potential” in the air cargo space. The company, which is a key player in both civil and defence aerospace segments, is also looking to increase the sourcing of raw materials from the country.Boeing Managing Director (Marketing) David Schulte stated that strong recovery is gaining further momentum in Indian aviation and it is one of the fastest growing markets.