Tag Archives: Domestic air travel

Domestic aviation in India is witnessing an unprecedented growth of 4,71,751 passengers and 6,128 flights  on 21 April, 2024 as compared to 21 April last year, which was 4,28,389 and 5,899, respectively. As more people gain access to air travel, the sector is expected to continue its upward trajectory, revealed DGCA.

According to VIDEC’s latest study, air is the largest travel category, accounting for slightly less than half of the total India travel market or ₹1,743 billion ($22B) in FY23. The domestic air GBV is ₹781 billion ($9.8B) in FY23, 30% above its pre-pandemic levels. 

India’s domestic airline market has posted double-digit annual growth of 23.2 per cent in August, as reported by IATA. This comes with sizeable increase in real consumer spending and partly because airlines are adding airport-pairs and flight frequencies, which cuts journey times for passengers and has the same stimulatory effect on demand as a large cut in fares. Domestic air travel, on the whole, grew by 4.3 per cent year-on-year in August, with the three-speed market still evident. On the other hand, international traffic flown by Asia Pacific airlines, the second largest international region, rose by a solid 5.6 per cent year-on-year in August. But there are ongoing signs of Asian passengers being put off by terrorism in Europe since traffic on the Europe-Asia route grew by just 1.5 per cent year-on-year in July, and it remains the slowest growing of the ‘big-four’ international routes so far this year. Asian leisure travellers are also substituting to destinations closer to home: international traffic growth within Asia accelerated to a six month-high of 9.9 per cent year-on-year in July.