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.
Read More »Japan, Vietnam, and USA Lead among preferred travel destinations by Indians in Q1 2024: Mastercard Study
As per Mastercard’s annual report, in 2024, more Indians are traveling globally. In the first three months of 2024, 97 million passengers travelled, with 21% surge in domestic air traffic, and 4% in international travel. Indians are increasingly exploring key markets, with a 53% increase in visits to Japan, 248% to Vietnam, and 59% to the US, compared to 2019.
Read More »Domestic air traffic reaches 1192 lakhs; records 38% growth from Jan-Aug 2023: MoCA data
The domestic aviation industry has experienced a surge in passenger traffic during the first eight months of 2023. MoCA data reveals that the number of pax carried by domestic airlines reached 1190.62 lakhs from January to August 2023, marking huge growth of 38.27% compared to the same period last year.
Read More »Domestic air traffic rise to 21.79% from January-July YOY: DGCA
Domestic air traffic has grown by 21.79 per cent from January-July YOY, according to a latest report by Directorate General of Civil Aviation (DGCA). Passengers carried by domestic airlines during January-July 2018 were 800.40 lakhs as against 657.21 lakhs during the corresponding period of previous year. The passenger load factor in the month of July has shown a declining trend compared to previous month primarily due to the end of tourist season, the report said.
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