Business Standard

Air Passenger Demand

Aviation milestone: Indian airlines carry over 500,000 passengers in a day

Indian skies set a new record with 505,000 domestic flyers in a day, driven by post-Diwali demand, festive travel, and a steady rise in passenger numbers over recent weeks

Aviation milestone: Indian airlines carry over 500,000 passengers in a day
Updated On : 18 Nov 2024 | 3:15 PM IST

Airport industry to see profit before tax of $1.3 bn this fiscal: CAPA

The country's airport industry is projected to report a profit before tax of USD 1.3 billion in the current financial year. The profit is anticipated to be Rs 256.1 (USD 3.1) per passenger in the fiscal ending March 2025, aviation advisory firm CAPA India said while giving projections at its aviation summit in the national capital on Friday. In the current fiscal, passenger throughput at Indian airports is estimated to rise to 404.9 million. Out of the total, 81.1 per cent will be domestic and 18.9 per cent will be international traffic, it said. As per the report, the Airport Authority of India's (AAI) profitability is likely to remain robust in FY2024 and FY2025. "The topline will grow due to an increase in aeronautical revenue along with the receipt of revenue share from the recently privatised six non-metro airports, without having to incur any expense associated with it - resulting in higher profitability," it added. The industry's profit before tax is expected to be USD 1.3

Airport industry to see profit before tax of $1.3 bn this fiscal: CAPA
Updated On : 07 Jun 2024 | 11:21 AM IST

Air passenger traffic in India to touch 407-418 million in FY25: ICRA

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, ...

Air passenger traffic in India to touch 407-418 million in FY25: ICRA
Updated On : 16 May 2024 | 5:32 PM IST

Air traffic volume may recover to pre-pandemic level in FY23: CRISIL

The air traffic volume is expected to increase to the fiscal 2020 level of around 340 million passengers in FY23

Air traffic volume may recover to pre-pandemic level in FY23: CRISIL
Updated On : 17 Oct 2022 | 6:50 PM IST

SpiceJet, IndiGo faulted for poor service and behavior by air passengers

Some 79% of the 15,000 airline passengers surveyed by LocalCircles said they believe carriers in India are compromising on passenger comfort and cutting corners as a result of the pandemic

SpiceJet, IndiGo faulted for poor service and behavior by air passengers
Updated On : 27 May 2022 | 8:53 AM IST

Demand for air travel in February down 74.7% compared to 2019: IATA

The total demand for air travel in February measured in revenue passenger kilometres was down 74.7 per cent compared to February 2019, the International Air Transport Association (IATA) has said.

Demand for air travel in February down 74.7% compared to 2019: IATA
Updated On : 08 Apr 2021 | 7:49 PM IST
Updated On : 30 Mar 2021 | 11:23 PM IST

Air passenger demand globally falls further: Global body IATA

IATA has said air passenger traffic fell in January

Air passenger demand globally falls further: Global body IATA
Updated On : 03 Mar 2021 | 1:42 PM IST

Air passenger demand to contract 49% for Indian airlines in 2020: IATA

It said the airlines of the Asia-Pacific region will see passenger demand collapse by 53.8 per cent this year in comparison to last year

Air passenger demand to contract 49% for Indian airlines in 2020: IATA
Updated On : 13 Jul 2020 | 5:01 PM IST

Air passenger demand plunges by 14% on coronavirus travel restrictions

February international passenger demand fell 10.1 per cent compared to February 2019

Air passenger demand plunges by 14% on coronavirus travel restrictions
Updated On : 03 Apr 2020 | 1:17 PM IST

Coronavirus: Air traffic may fall 13% in Asia-Pacific region, says IATA

Consequently, the total global lost revenue will come to $29.3 billion and represent a 4.7 per cent hit to global demand

Coronavirus: Air traffic may fall 13% in Asia-Pacific region, says IATA
Updated On : 20 Feb 2020 | 11:32 PM IST

How aviation industry is planning to counter 'flight shaming', Greta effect

Flight shaming has dented demand in Europe, particularly in northern parts but also in the United Kingdom, France, and Germany.

How aviation industry is planning to counter 'flight shaming', Greta effect
Updated On : 05 Nov 2019 | 7:58 PM IST

Moderate growth in air passengers, cargo demand slips amid global slowdown

Unresolved trade frictions have undermined business confidence and disrupted global supply chains

Moderate growth in air passengers, cargo demand slips amid global slowdown
Updated On : 24 Oct 2019 | 2:51 PM IST

Air passenger demand up by 57% in 2016-17: Jayant Sinha

Domestic demand rose 68.2%, while international traffic surged 27.2% in the year ending March 2017, compared to 2013-14: Sinha

Air passenger demand up by 57% in 2016-17: Jayant Sinha
Updated On : 03 Jan 2018 | 1:27 AM IST