Domestic traffic reached 153.4mn pax, compared with CAPA’s projection of 160mn at start of year

With FY2024 closing, CAPA India has released preliminary figures for actual full-year traffic. Domestic traffic reached an estimated 153.4mn pax, compared with our projection of 160mn at the start of the year, and 155mn in our mid-year update. International traffic reached an estimated 69.7mn pax, compared with our projection of 72-74mn at the start of the year, and 70mn in our mid-year update. Both domestic and international traffic volumes exceeded their pre-COVID highs (which were actually set in FY2019) for the first time.