Domestic air passenger traffic up 5.7% at 1.3 cr in June: DGCA
There has been a 4.28% increase in overall air traffic as passengers carried by domestic airlines in January-June 2024 stood at 793.48 lakh vs 760.93 lakh in the year-ago period
There has been a 4.28% increase in overall air traffic as passengers carried by domestic airlines in January-June 2024 stood at 793.48 lakh vs 760.93 lakh in the year-ago period
India's domestic passenger traffic reported 3% year-on-year growth in April 2024; for FY24, the domestic air passenger traffic was up 13%
The domestic air traffic between the January to October period stood at 1254.98 lakhs, up 26.98% year-on-year as against the corresponding period of the previous year, says DGCA.
Akasa Air became the fifth largest domestic airline by cornering a market share of 5.2%, defeating the beleaguered low-cost carrier SpiceJet
With Go First halting operations on May 2, IndiGo's market share grew significantly from 55.4% in April to 61.3% in May.
Jyotiraditya Scindia says after Covid, the increasing number of domestic air travellers is a sign that India is going in the right direction
India's domestic air travel in the full year 2022 significantly improved to 48.8% as compared to 2021 and reached 85.7% of the pre-Covid 2019 levels
IndiGo flew 69.97 lakh passengers, clocking a 54.9% market share, followed by Air India which captured a 9.2% share in December 2022.
Domestic airlines carried 1,105.10 lakh passengers during January-November 2022, up from 726.11 lakh during the year-ago period.
A bunch of factors explain why fares have hardened, especially where supply is low and erratic and why rating agencies continue to maintain a negative outlook on the sector.