Dubai: Indian and South Asian carriers will add 2,835 commercial jets to their fleet by 2034, a four-fold increase from the current level, American aircraft manufacturer Boeing said in its regional Commercial Market Outlook.

Boeing projects that South Asian carriers will need 2,835 new airplanes over the next 20 years, driven largely by demand from India. The aviation market in this region is expected to grow rapidly, with aircraft fleet set to quadruple by 2043.

Boeing warned on Saturday of layoffs in its Space Launch System moon rocket program, saying it expects to have about 400 fewer positions in line with revisions to NASA's Artemis program and cost expectations.

Boeing Co. expects to lay off hundreds of workers on its SLS moon rocket program, the company said on Friday, fueling swirling speculation that NASA’s marquee space exploration initiative is poised for a shake-up under a second Donald Trump administration.

About 400 workersat Boeing’s Space Launch System moon rocket program are set to lose jobs after the US planemaker warned on Saturday of layoffs due to revisions to NASA's Artemis program and cost expectations.