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
The air traffic volume is expected to increase to the fiscal 2020 level of around 340 million passengers in FY23
Railway freight indicators growing slower than before
After the removal of airfare caps, there seems to be a mixed trend with lower ticket prices for routes having relatively lesser passenger loads, according to travel industry experts. More than two years after being put in place amid the coronavirus pandemic, the fare caps were removed with effect from August 31. The move also came against the backdrop of gradual recovery in domestic air passenger traffic. The average booking price has not changed much but there seems to be a mixed trend with certain sectors seeing drop in fares while some others witnessing a rise, as per the industry players. The country's largest airline IndiGo said the removal of airfare caps will give an opportunity to offer dynamic pricing and that there has been a consistent increase in the number of passengers over the last 5-6 months. The airline did not provide a specific answer on the airfare trends cap removal. Indiver Rastogi, President & Group Head, Global Business Travel, Thomas Cook (India) and SOTC
Vehicle registrations were lower than the week before
Frankfurt Airport, Germany's main air transport hub, saw more than 5 million passengers in one month for the first time since the outbreak of the coronavirus pandemic in early 2020, authorities said
With the rise in the number of flyers, the government has been taking multiple steps for corresponding growth in the airport infrastructure
Forecasts show that the airport would have to handle as many as 104,000 passengers a day over the summer, the airport said.
The city's Chhatrapati Shivaji Maharaj International Airport (CSMIA) handled 21 per cent more passengers at 19.8 million in 2021 compared to the previous year
Traffic growth was led by increase in flights and increase in seat occupancy due to increased travel demand during Diwali and Chhath Puja
As per rating firm, ICRA, due to Covid-19 pandemic, the ongoing capacity expansion plans at the major airports are expected to be delayed by 12 to 18 month.
Domestic air passenger traffic grew by a whopping 67 per cent year-on-year at around 87-88 lakh in October, on the back of festive season demand amid continuous fall in the number of COVID-19
The city's Chhatrapati Shivaji Maharaj International Airport (CSMIA), handled a record over 91,000 travellers on October 17 in a single day
On October 3, Delhi airport handled over 125,000 passengers (domestic and international) arriving or taking off
Compared y-o-y, air passenger traffic growth stood at around 74 per cent in the month under review over September 2020
Shares of Indian airlines InterGlobe Aviation and SpiceJet surged on Friday after regulatory data showed that passenger growth jumped 136.6% last month
The onset of the festive season coupled with some countries easing visa and travel curbs helped Mumbai's CSMIA to post a nearly four-fold growth in passenger traffic in August.
Industry-wide passenger load factor rose to 62.9% in June from May's 50.5%. SpiceJet had the highest load factor of 70%.
The International Air Transport Association, in a report published earlier in June stated that Asia-Pacific airlines fared the worst among various regions.
As Covid pandemic continues to affect the aviation sector, Kempegowda International Airport, Bengaluru informed that passenger traffic at Bengaluru airport has plummeted by 66% in FY 2020-21