Domestic Air Traffic Sees Robust Growth
AVIATION & AIRPORTS

Domestic Air Traffic Sees Robust Growth

India's domestic air passenger traffic surged by 5.1% in May, reaching approximately 138.9 million, according to the ICRA report. This increase is a testament to the growing demand for air travel within the country, reflecting a strong recovery post-pandemic and the effectiveness of the aviation sector's strategies to boost passenger numbers.

Key factors contributing to this growth include an increase in the frequency of flights and the introduction of new routes by airlines, which have made air travel more accessible and convenient. Additionally, competitive airfares have played a crucial role in attracting more passengers. This growth is particularly significant as it indicates a steady recovery trajectory for the aviation industry, which had faced severe disruptions due to the COVID-19 pandemic.

The rise in passenger numbers also points to a broader economic recovery, as increased air travel is often correlated with improved business activity and consumer confidence. The data from ICRA underscores the resilience of the Indian aviation sector and its capacity to rebound strongly in the face of challenges.

Despite this positive trend, the industry continues to face hurdles such as high fuel costs and infrastructure limitations at airports. Addressing these issues will be crucial for sustaining growth and ensuring that the sector can continue to expand and serve the increasing number of travellers.

India's domestic air passenger traffic surged by 5.1% in May, reaching approximately 138.9 million, according to the ICRA report. This increase is a testament to the growing demand for air travel within the country, reflecting a strong recovery post-pandemic and the effectiveness of the aviation sector's strategies to boost passenger numbers. Key factors contributing to this growth include an increase in the frequency of flights and the introduction of new routes by airlines, which have made air travel more accessible and convenient. Additionally, competitive airfares have played a crucial role in attracting more passengers. This growth is particularly significant as it indicates a steady recovery trajectory for the aviation industry, which had faced severe disruptions due to the COVID-19 pandemic. The rise in passenger numbers also points to a broader economic recovery, as increased air travel is often correlated with improved business activity and consumer confidence. The data from ICRA underscores the resilience of the Indian aviation sector and its capacity to rebound strongly in the face of challenges. Despite this positive trend, the industry continues to face hurdles such as high fuel costs and infrastructure limitations at airports. Addressing these issues will be crucial for sustaining growth and ensuring that the sector can continue to expand and serve the increasing number of travellers.

Next Story
Infrastructure Urban

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Next Story
Infrastructure Urban

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Next Story
Infrastructure Urban

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, “We are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?