Aircraft movement rises at a CAGR of 5.37 per cent during FY18

Aircraft movement has grown at a CAGR (Compound Annual Growth Rate) of 5.37 per cent from 1.31 million in FY07 to 2.32 million during FY18, according to a report by India Brand Equity Foundation (IBEF). During FY07-18, domestic aircraft movement increased at a CAGR of 7.38 per cent, while international aircraft movement expanded at 6.64 per cent CAGR over the same period. Apart from it, India’s domestic and international aircraft movements grew 14.40 per cent YOY and 9.40 per cent YOY to 1,886.63 thousand and 437.93 thousand during 2017 and 2018, respectively.