Tag Archives: CRISIL

Indian airlines to capture nearly 50% of international passenger traffic by FY2028, predicts CRISIL

In a key development, CRISIL Ratings report revealed that Indian airlines are set to capture nearly 50 per cent of international passenger traffic by FY28 from 43 per cent in FY24. Along with that, the growth in domestic traffic is expected at 10-11 per cent over the same period.  India’s international passenger traffic grew to around 70 million in FY24, from 10 million in FY21.

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Passenger traffic growth to continue its momentum in FY2025, rise more than 10% to over 415 million

Ankit Hakhu, Director, CRISIL Ratings, said, “Taking off from the strong base of last fiscal, passenger traffic growth will continue its momentum in fiscal 2025 and rise more than 10% to over 415 million. Continuing economic growth, opening of more airports and improving regional connectivity are providing the tailwinds necessary for domestic traffic growth.”

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