Tag Archives: passenger traffic

Jyotiraditya Sciindia, Civil Aviation Minister, said, “Civil aviation is expected to grow from 14.5 cr passengers to 45 cr passengers by 2030. There is a huge potential in the aviation sector to be explored both in terms of passenger traffic and infrastructure”.

India’s passenger traffic grew at 16.52 per cent year on year to reach 308.75 million. According to a report by India Brand Equity Foundation (IBEF), it grew at a CAGR of 12.72 per cent during FY06-FY18.  The report reveals that by 2036, India is estimated to have 480 million flyers, which will be more than that of Japan (just under 225 million) and Germany (just over 200 million) together. India has become the third largest domestic aviation market in the world and is expected to overtake the UK to become the third largest air passenger market by 2025.