Boeing said on Tuesday that it had delivered 45 airplanes in January, up from 30 deliveries the previous month and the most deliveries in a month for the U.S. planemaker since 2023.

India and South Asia will need 2,835 new planes by 2043—a near fourfold increase, according to Boeing's market outlook. "About 90% of 2,835 will come to India specifically," Gupte said. Currently, Indian airlines have about 700 planes in their fleet.