Indian domestic traffic up by 23% in Aug; total traffic at 95.7%
AVIATION & AIRPORTS

Indian domestic traffic up by 23% in Aug; total traffic at 95.7%

In a remarkable turn of events, the Indian aviation market experienced a robust resurgence in August 2023, characterized by significant growth in domestic revenue passenger kilometers (RPKs) and soaring passenger demand. This resurgence has occurred alongside the global recovery of passenger traffic, which continued to strengthen post-pandemic.

According to data released by the International Air Transport Association (IATA), Indian domestic RPKs surged by an impressive 23.2 percent compared to the same period last year. This marks the seventh consecutive month of growth and, notably, surpasses pre-pandemic levels. India's contribution to the world's domestic passenger market stands at 2.0 percent.

Furthermore, the Indian aviation sector also witnessed a 15.6 percent growth in available seat kilometers (ASK), indicating increased capacity. Passenger load factor (PLF) also experienced a noteworthy improvement, rising by 5.1 percentage points to reach an impressive 83.9 percent.

IATA's report highlights that the total domestic traffic in India for August exhibited a substantial increase of 25.4 percent compared to August 2022, surpassing results from August 2019 by an impressive 9.2 percent. This remarkable growth was primarily driven by robust demand in the Chinese domestic market. However, Japan faced disruptions caused by Typhoon Khanun, which had a slight impact on its domestic air travel market, resulting in a growth rate of 8.7 percent, marginally lower than the previous month.

The resurgence in the Indian aviation market underscores the sector's resilience and recovery, setting a positive trajectory for the industry's future in the region.

In a remarkable turn of events, the Indian aviation market experienced a robust resurgence in August 2023, characterized by significant growth in domestic revenue passenger kilometers (RPKs) and soaring passenger demand. This resurgence has occurred alongside the global recovery of passenger traffic, which continued to strengthen post-pandemic.According to data released by the International Air Transport Association (IATA), Indian domestic RPKs surged by an impressive 23.2 percent compared to the same period last year. This marks the seventh consecutive month of growth and, notably, surpasses pre-pandemic levels. India's contribution to the world's domestic passenger market stands at 2.0 percent.Furthermore, the Indian aviation sector also witnessed a 15.6 percent growth in available seat kilometers (ASK), indicating increased capacity. Passenger load factor (PLF) also experienced a noteworthy improvement, rising by 5.1 percentage points to reach an impressive 83.9 percent.IATA's report highlights that the total domestic traffic in India for August exhibited a substantial increase of 25.4 percent compared to August 2022, surpassing results from August 2019 by an impressive 9.2 percent. This remarkable growth was primarily driven by robust demand in the Chinese domestic market. However, Japan faced disruptions caused by Typhoon Khanun, which had a slight impact on its domestic air travel market, resulting in a growth rate of 8.7 percent, marginally lower than the previous month.The resurgence in the Indian aviation market underscores the sector's resilience and recovery, setting a positive trajectory for the industry's future in the region.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code