Tag Archives: IATA

India’s air traffic surpassed 2019 levels in 2023; tech driving aviation growth: Country Director-India, IATA

Amitabh Khosla, Country Director-India, IATA said that India’s air traffic had already surpassed 2019 levels, both for domestic and international flights, in 2023 itself.  “So certainly, we are witnessing rapid growth, as demonstrated in the unveiling video of the 2025 AGM. There is a significance amount of activity and technology driving aviation growth in India, ” he added.

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13.8% increase in global passenger demand compared in March 2024 vis-a-vis the same month in 2023: IATA

As per International Air Transport Association (IATA), in March 2024, there was 13.8 per cent increase in global passenger demand vis-a-vis the same month in 2023. International passenger demand saw a rise of 18.9 per cent compared to March 2023, while domestic demand rose to 6.6 per cent, showcasing a positive landscape for aviation industry.

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IATA projects civil aviation industry net profits to slightly stablize in 2024 at US$25.7 billion

The International Air Transport Association (IATA) announced strengthened profitability projections for airlines in 2023, which will then largely stabilize in 2024. Airline industry net profits are expected to reach US$25.7 billion in 2024 (2.7% net profit margin). That will be a slight improvement over 2023 which is expected to show a US$23.3 billion net profit (2.6% net profit margin). 

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Aeroflot-Russian Airlines commences three weekly flights from Goa -Moscow from 30th September 2023

Aeroflot to resume direct regular flights to Indian state Goa from Moscow and Ekaterinburg. The services will be operated to international airport Dabolim (IATA: GOI). Tickets are available.  In line with bilateral agreement between India and Russia from September 30 three weekly flights from Sheremetyevo airport will be operated on wide-body Airbus A330 on Tuesdays, Fridays and   Saturdays. From October 3 three weekly flights from Ekaterinburg will be operated on Boeing 737- 800 on Tuesdays, Fridays and Saturdays.   In addition to Goa, Aeroflot operates direct flights from Moscow to Delhi all year round. Traditionally the south of India is a favorite place for beach holidays of Russians in fall and winter. The flights are expected to be in high demand. Tourists will be able to get to the Indian Ocean coast in comfort and without transfers. The up-to-date schedule is available on Aeroflot’s website. “Goa flights to Moscow will boast tourism from Russia as well as India, as Russia has simplified the process for visa issuance for Indians, now Indians can apply for Russian visas online, except this cargo sector from western India will be in demand as trade between countries is increasing from last few months” said Dr. Naveen Rao Director of Delmos Aviation Pvt. Ltd.   

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India’s domestic air traffic in Revenue Passenger Kilometers or RPKs increased by 11.1% YoY: IATA

The International Air Transport Association (IATA) has shared that air travel recovery across the world continued through November 2022, with India’s domestic recovery catching up with 2019 numbers soon. “In India, domestic RPKs (Revenue Passenger Kilometers) increased by 11.1% YoY and ASKs by 0.5%. November RPKs were 12.2% short of 2019 results,” it said.

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