Tag Archives: Domestic air passenger traffic

Kinjal Shah, Senior Vice President, Co-Group Head, ICRA has estimated a rise in domestic air passenger traffic to 164-170 million in FY2025, reflecting year-on-year growth of 7-10 per cent, while the international passenger traffic for Indian carriers will reach 34-36 million for the full year, representing a YoY growth of 15-20 per cent.

As  per ICRA report, domestic air passenger traffic saw YoY growth of 8.6 per cent in comparison to 121 lakh in July 2023 and higher by 10 per cent than pre-Covid levels. However, it was estimated at 131 lakh in July 2024, 0.5 per cent lower vis-a-vis 132.1 lakh in June 2024.

Indian aviation industry is set to scale new heights. According to a recent report by ICRA, the domestic air passenger traffic is estimated at 154 million for FY2024, which represents a YoY growth of 13%, in line with ICRA’s estimates. Further, the domestic air passenger traffic in FY2024 has surpassed the pre-Covid levels of 142 million in FY2020 as well.

The latest ICRA report has mentioned that for FY2022-23, domestic air passenger traffic was around 1360 lakh, a YoY growth of roughly 60%, and marginally lower by 4% compared to 1416 lakh in FY2019-20. It was up than ICRA’s estimate of 1300-1350 lakh.

According to the latest data provided by Directorate General of Civil Aviation (DGCA), passengers carried by domestic airlines during Jan-Feb 2020 were 251.50 lakh as against 238.56 lakh during the corresponding period of previous year, thereby registering annual growth of 5.42 per cent and monthly growth of 8.98 per cent. The passenger load factor in the month of February 2020 also saw an increasing trend primarily due to airlines offering promotional fares resulting in increased demand.

Domestic air passenger traffic grew to 14.41 crore in 2019, an increase of just 3.74 per cent compared to 2018, revealed Directorate General of Civil Aviation (DGCA).  The domestic air passenger traffic grew by 18.6 per cent to 13.89 crore in 2018. The decline in growth is attributed to the collapse of Jet Airways in April 2019. The passenger load factors of all major airlines – Air India, SpiceJet, GoAir, IndiGo, AirAsia India and Vistara. The domestic air passenger traffic in December 2019 increased by 2.56 per cent to 1.30 crore compared to the same month in 2018. In comparison, the growth in domestic traffic in November 2019 was 11.18 per cent.