Domestic Air Traffic Sees 7.3% Rise in July
AVIATION & AIRPORTS

Domestic Air Traffic Sees 7.3% Rise in July

Domestic air traffic in India saw a significant increase in July 2024, with passenger numbers rising by 7.3% compared to the same month last year. A total of 1.29 crore passengers took to the skies, reflecting strong demand in the aviation sector.

Key Highlights:

Passenger Growth: Domestic air traffic reached 1.29 crore passengers in July 2024, marking a 7.3% year-on-year increase. This growth is a positive indicator of the recovering aviation sector.

Airlines' Performance: Several airlines contributed to this growth, with improved load factors and higher capacity utilization. The increase in passenger numbers suggests robust demand and a return of confidence among travelers.

Economic Impact: The rise in domestic air traffic is expected to have a positive economic impact, boosting revenue for airlines and supporting ancillary industries such as tourism and hospitality.

Market Dynamics: The growth in passenger traffic is attributed to factors such as increased flight frequencies, new routes, competitive pricing, and seasonal travel demand.

Sector Recovery: This rise is part of a broader recovery trend in the aviation industry, which had been severely impacted by the COVID-19 pandemic. The steady increase in air traffic indicates a return to pre-pandemic levels.

Government Support: The Indian government?s initiatives to support the aviation sector, including infrastructure upgrades and policy reforms, have also played a role in facilitating this growth.

Future Outlook: The continued increase in domestic air traffic is likely to encourage airlines to expand operations, introduce new services, and improve passenger experience, driving further growth in the sector.

Domestic air traffic in India saw a significant increase in July 2024, with passenger numbers rising by 7.3% compared to the same month last year. A total of 1.29 crore passengers took to the skies, reflecting strong demand in the aviation sector. Key Highlights: Passenger Growth: Domestic air traffic reached 1.29 crore passengers in July 2024, marking a 7.3% year-on-year increase. This growth is a positive indicator of the recovering aviation sector. Airlines' Performance: Several airlines contributed to this growth, with improved load factors and higher capacity utilization. The increase in passenger numbers suggests robust demand and a return of confidence among travelers. Economic Impact: The rise in domestic air traffic is expected to have a positive economic impact, boosting revenue for airlines and supporting ancillary industries such as tourism and hospitality. Market Dynamics: The growth in passenger traffic is attributed to factors such as increased flight frequencies, new routes, competitive pricing, and seasonal travel demand. Sector Recovery: This rise is part of a broader recovery trend in the aviation industry, which had been severely impacted by the COVID-19 pandemic. The steady increase in air traffic indicates a return to pre-pandemic levels. Government Support: The Indian government?s initiatives to support the aviation sector, including infrastructure upgrades and policy reforms, have also played a role in facilitating this growth. Future Outlook: The continued increase in domestic air traffic is likely to encourage airlines to expand operations, introduce new services, and improve passenger experience, driving further growth in the sector.

Next Story
Technology

We’re building robots that flow, not just move

Founded in 2021, Flo Mobility is reimagining construction automation with vision-AI robots designed for seamless movement through complex sites. In conversation with CW, Manesh Jain, Founder & CEO, discusses the company’s origin, its LiDAR-free tech stack, and expansion plans in the Middle East and US.What inspired the name Flo Mobility? Why ‘Flo’ and not ‘Flow’?When we started the company in 2021, our focus was on building autonomous navigation systems for robots. Since our work centred around robot movement, ‘mobility’ naturally became part of the name. We wanted to co..

Next Story
Real Estate

We’re committed to setting benchmarks in sustainable luxury living

From a landmark land acquisition in Boisar to ambitious launches across the Mumbai Metropolitan Region (MMR), National Capital Region (NCR), Bengaluru and Pune, Birla Estates is driving future-ready growth with a strong focus on sustainability, partnerships and premium living, firmly anchored in its LifeDesigned® philosophy. K T Jithendran, Managing Director & CEO, outlines the company’s premium, sustainable growth playbook in conversation with PRATAP PADODE, Editor-in-Chief, CW. Excerpts:Birla Estates recently acquired a 70.92-acre land parcel in Boisar, Maharashtra, for..

Next Story
Infrastructure Urban

Mumbai’s land crunch and ageing homes call for structured renewal

Founded in 2022, Etonhurst Capital Partners is a real-estate fund management platform focused on the Indian market. As the firm achieves the first close of Rs 1.8 billion for its debut Rs 5 billion fund, Bamasish Paul, Co-founder, Managing Partner & CEO, discusses its sharp focus on redevelopment-driven value creation in Mumbai’s urban core with CW. Excerpts:Etonhurst Capital has achieved a significant milestone with the first close of Rs 1.8 billion for its Rs 5 billion fund. What factors contributed to this early success and how do you plan to attract further investments to r..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?