Domestic passenger traffic estimated to reach 293 million by FY20

Domestic passenger traffic grew by 18.28 per cent YoY to reach 243 million in FY18 and is estimated to become 293 million in FY20, according to a recent report by Airports Authority of India. International passenger grew by 10.43 per cent YoY to reach 65 million in FY18 and traffic is expected to become 76 million in FY20E. Domestic passenger traffic also expanded at a CAGR of 13.91 per cent over FY06–18 while international passenger traffic registered growth at a CAGR of 9.36 per cent over FY06-18. In the month of April 2018, domestic passenger traffic stood at 22.60 million while international traffic stood at 5.62 million.