Domestic Air Passenger Traffic Soars
AVIATION & AIRPORTS

Domestic Air Passenger Traffic Soars

In the dynamic landscape of air travel, the Indian domestic aviation sector has witnessed remarkable growth, with passenger traffic reaching an impressive 154 million in the fiscal year 2023-24, according to ICRA, a renowned credit rating agency. This surge in numbers underscores the resilience and vitality of the aviation industry in India, despite various challenges and disruptions.

The robust expansion in domestic air passenger traffic can be attributed to several factors. Firstly, the growing disposable income and burgeoning middle-class population have fuelled the demand for air travel, making it a preferred mode of transportation for both business and leisure purposes. Additionally, the increasing affordability and accessibility of airfares, coupled with the expansion of routes and connectivity, have made flying more convenient and attractive to a wider demographic.

Moreover, the advent of low-cost carriers (LCCs) has revolutionised the aviation market, making air travel more affordable and accessible to a larger segment of the population. These budget airlines have not only democratised air travel but have also stimulated competition within the industry, leading to competitive pricing strategies and enhanced service offerings.

Furthermore, the government's initiatives to promote regional connectivity through schemes like UDAN (Ude Desh ka Aam Nagrik) have played a pivotal role in bolstering domestic air travel. By incentivising airlines to operate flights to underserved and remote regions, UDAN has facilitated greater connectivity, economic development, and tourism growth in these areas.

The surge in domestic air passenger traffic also underscores the resilience of the aviation sector in adapting to the challenges posed by the COVID-19 pandemic. Despite initial setbacks and disruptions caused by travel restrictions and lockdowns, the industry has demonstrated remarkable agility and recovery, bouncing back stronger than ever before.

Looking ahead, the outlook for the Indian domestic aviation sector remains promising, with continued growth expected in the coming years. As the economy recovers and travel restrictions ease, the demand for air travel is projected to soar even higher, presenting lucrative opportunities for airlines, airports, and related stakeholders to capitalise on this burgeoning market.

In the dynamic landscape of air travel, the Indian domestic aviation sector has witnessed remarkable growth, with passenger traffic reaching an impressive 154 million in the fiscal year 2023-24, according to ICRA, a renowned credit rating agency. This surge in numbers underscores the resilience and vitality of the aviation industry in India, despite various challenges and disruptions. The robust expansion in domestic air passenger traffic can be attributed to several factors. Firstly, the growing disposable income and burgeoning middle-class population have fuelled the demand for air travel, making it a preferred mode of transportation for both business and leisure purposes. Additionally, the increasing affordability and accessibility of airfares, coupled with the expansion of routes and connectivity, have made flying more convenient and attractive to a wider demographic. Moreover, the advent of low-cost carriers (LCCs) has revolutionised the aviation market, making air travel more affordable and accessible to a larger segment of the population. These budget airlines have not only democratised air travel but have also stimulated competition within the industry, leading to competitive pricing strategies and enhanced service offerings. Furthermore, the government's initiatives to promote regional connectivity through schemes like UDAN (Ude Desh ka Aam Nagrik) have played a pivotal role in bolstering domestic air travel. By incentivising airlines to operate flights to underserved and remote regions, UDAN has facilitated greater connectivity, economic development, and tourism growth in these areas. The surge in domestic air passenger traffic also underscores the resilience of the aviation sector in adapting to the challenges posed by the COVID-19 pandemic. Despite initial setbacks and disruptions caused by travel restrictions and lockdowns, the industry has demonstrated remarkable agility and recovery, bouncing back stronger than ever before. Looking ahead, the outlook for the Indian domestic aviation sector remains promising, with continued growth expected in the coming years. As the economy recovers and travel restrictions ease, the demand for air travel is projected to soar even higher, presenting lucrative opportunities for airlines, airports, and related stakeholders to capitalise on this burgeoning market.

Next Story
Infrastructure Urban

DCPC Prepares for Special Campaign 5.0 with Focus on E-Waste

The Department of Chemicals and Petrochemicals (DCPC), Ministry of Chemicals and Fertilisers, is gearing up for Special Campaign 5.0, to be held from 2nd to 31st October 2025. The initiative will focus on e-waste disposal as per MoEFCC’s E-Waste Management Rules 2022, space optimisation, and enhancing workplace efficiency across field offices.Special Campaign 4.0, conducted between October 2023 and October 2024, delivered notable results in record management, grievance redressal, scrap disposal, and cleanliness drives.Key outcomes of Special Campaign 4.0Records management: 2,443 physical fil..

Next Story
Real Estate

BlackRock India Leases 1.4 Lakh Sq Ft in Bengaluru

BlackRock Services India, the domestic arm of global asset manager BlackRock, has leased 1.4 lakh sq ft of office space at IndiQube Symphony in Bengaluru, according to Propstack data. The 10-year deal is valued at around Rs 4.10 billion.The lease, among the largest transactions in India’s co-working sector, highlights the growing preference of global institutions for flexible office providers. The agreement, commencing October 1, 2025, covers ground plus five floors in KNG Tower 1 at Ashoknagar, MG Road — one of Bengaluru’s prime commercial hubs.As per the lease document, BlackRock will ..

Next Story
Infrastructure Transport

L&T Bags Rs 25–50 Bn Order for Mumbai-Ahmedabad Bullet Train Track Works

Larsen & Toubro’s (L&T) Transportation Infrastructure business has secured an order valued between Rs 25 crore and Rs 50 billion from the National High Speed Rail Corporation Limited (NHSRCL) for the Mumbai-Ahmedabad High Speed Rail (MAHSR) corridor.The contract, Package T1, involves the design, supply, construction, testing, and commissioning of 156 route km of high-speed ballastless track on a Design-Build Lump Sum Price basis. The stretch runs from Mumbai’s Bandra-Kurla Complex to Zaroli village in Gujarat and includes 21 km of underground track and 135 km of elevated viaduct.Se..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?