Air Passenger Growth

In 2023, around 37 million international passengers booked direct flights, an increase of 2 million compared to 2019, according to UK-based air consultancy firm OAG

Thiruvananthapuram International Airport (TRV) has witnessed a record-breaking increase in passenger traffic in Q1 FY2024-25, with over 1.26 million passengers travelling through the airport. "This represents a 21 per cent growth compared to Q1 2023-24, when 1.038 million passengers were recorded. TRV now processes over 400,000 passengers monthly. Of the total passengers, 661,000 were domestic, while 598,000 travelled internationally," a TRV release said on Wednesday. To accommodate this growth, TRV has enhanced its infrastructure, adding three new check-in counters at the domestic terminal to streamline the check-in process, it said. Plans are underway to further upgrade facilities, ensuring a seamless travel experience as passenger numbers and airline operations continue to rise, the release said. The airport is managed by Adani Airport Holdings Limited (AAHL), a subsidiary of Adani Enterprises, the flagship company of the globally diversified Adani Group. The release further sa

Domestic air passenger traffic grew 5.1 per cent year-on-year to an estimated 138.9 million in May and was significantly higher by around 14 per cent than pre-Covid levels, credit ratings agency Icra said on Thursday. Icra also said the outlook on the Indian aviation industry is stable amid the continued recovery in domestic and international air passenger traffic with a relatively stable cost environment and expectations of the trend continuing in FY2025. The airlines' capacity deployment in the previous month increased 6 per cent year-on-year and about 2 per cent higher than April 2024, it added. According to the agency, the domestic air passenger traffic for FY24 was around 154 million, with a year-on-year growth of around 13 per cent. It thus surpassed the pre-COVID levels of around 142 million in FY2020, the ratings agency said, adding that the international passenger traffic for Indian carriers stood at around 29.68 million last fiscal, registering a year-on-year growth of ..

Air passenger traffic in the country is projected to touch record levels in the range of 407-418 million in the current financial year and the revenues of select airport operators together are estimated to rise 15-17 per cent during the same period, rating agency Icra said on Thursday. Surpassing the pre-Covid level by 10 per cent, the traffic reached 376.4 million in the fiscal ended March 2024. In a report, Icra said the overall traffic is expected to see a healthy growth of around 8-11 per cent year-on-year to around 407-418 million in FY2025, supported by strong pick-up in both leisure and business travel, improving connectivity to newer destinations in the domestic segment and the continued uptick in international travel. Indian airport operators' revenue is anticipated to grow 15-17 per cent on an annual basis in the current fiscal ending March 2025, it added. Icra's sample set of airport operators include Airports Authority of India (AAI) as well as operators of Delhi, ...

Private carrier Air India on Wednesday launched a revamped loyalty programme with a simplified structure, offering more rewards and added benefits to its customers. In its first overhaul in more than a decade, the revamped loyalty programme -- Flying Returns -- moves away from the legacy model of miles-based collection of points to a fairer, more equitable spend-based approach, Air India said in a statement. Members of the programme will now be able to avail the benefits and collect points based on the new structure, starting Wednesday, it said without divulging the number of the existing members. Some of the features of the revamped programme include no expiry of points for active members, no blackout dates, same tier privileges, collection and redemption across Star Alliance partner airlines worldwide and new customer-friendly digital interface to provide a one-stop platform for transactions, among others, it said.

The rise in both leisure and business travel, coupled with a decline in crude oil prices and capacity deployment, is expected to add to the growth in passenger traffic.

The Indian domestic aviation sector has witnessed an impressive surge in passenger traffic during the first eight months of 2023.

Domestic air passenger traffic grew 15 per cent year-on-year to around 129 lakh in December 2022 but remained 1 per cent lower than the pre-pandemic level (December 2019), rating agency Icra said on Thursday. Icra has also maintained a 'Negative' outlook on the Indian aviation industry. In the April-December period of the current fiscal, domestic passenger traffic is estimated at around 986 lakh, registering around 63 per cent year-on-year growth and lower by approximately 9 per cent compared to April-December 2019 (pre-COVID levels), it said. At the same time, the airlines deployed slightly higher capacity (less than 1 per cent) in the previous month over the year-ago period, the rating agency said, adding that it, however, was lower by around 7 per cent than the pre-COVID levels. According to Icra, the domestic aviation industry operated at an estimated passenger load factor of around 91 per cent in December 2022 against approximately 80 per cent in December 2021 and about 88 per

India's air passenger volume will reach the pre-Covid levels at 329-332 million this fiscal with June traffic already at 79 per cent of the levels seen before the outbreak of the pandemic

Airlines saw a sharp rebound in traffic with the decline of Covid cases and easing of restrictions

But the grim reality is that the average daily passengers for June from the second week is still around 40 per cent of the levels reached in March when it rose to 313,000 passengers a day

Rise in passenger uptake expected to be swifter than it was after 1st wave

With the rise in the cases across metros, new restrictions cannot be ruled out that could further impact the traffic movement, ICRA said.

India's domestic passenger traffic slipped to a 10-year low at an estimated 53.4 million in the just-concluded financial year, a report said.

On a calendar year basis, the domestic air traffic grew only 3.86 per cent in the January-November period of this year

The domestic traffic data in the April-September period, during which the passenger volume grew a mere 2 per cent, also reflects this estimate, rating agency said in its aviation outlook note.

The overall global passenger traffic (domestic and international), however, rose by 5 per cent compared to June 2018

With India emerging as the third largest aviation market, air passenger traffic growth has been in the range of 18-20 per cent over the past three years

The total domestic air passenger traffic had risen to 10.7 million in February

Domestic air traffic grew by 16.5% in Sept with an average passenger load factor of 84.5%