The airlines in India are expected to add around 370 aircraft worth Rs 150,000 crore (Rs 1.5 trillion) to their fleet by FY17, according to a study by Assocham.

Take a look at the mega expansion plans of India's airlines...

Jet Airways

Number of aircraft expected to be added by 2017: 79

Estimate value of aircraft to be added: Rs 32,000 crore (Rs 320 billion)

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Source: Report of Working Group on Civil Aviation for formulation of Twelfth Five Year Plan (2012-17)

Kingfisher

Number of aircraft expected to be added by 2017: 78

Estimate value of aircraft to be added: Rs 29,700 crore (Rs 297 billion)

Kingfisher's plans, however, will not materialise as it is already burdened with a debt of $1.4 billion.

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IndiGo

Number of aircraft expected to be added by 2017: 69

Estimate value of aircraft to be added: Rs 26,100 crore (Rs 261 billion)

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Spicejet

Number of aircraft expected to be added by 2017: 68

Estimate value of aircraft to be added: Rs 26,100 crore (Rs 261 billion)

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Air India

Number of aircraft expected to be added by 2017: 40

Estimate value of aircraft to be added: Rs 18,000 crore (Rs 180 billion)

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GoAir

Number of aircraft expected to be added by 2017: 22

Estimate value of aircraft to be added: Rs 8,100 crore (Rs 81 billion)

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JetLite

Number of aircraft expected to be added by 2017: 20

Estimate value of aircraft to be added: Rs 7,600 crore (Rs 76 billion)