Air Passenger Demand

Indian skies set a new record with 505,000 domestic flyers in a day, driven by post-Diwali demand, festive travel, and a steady rise in passenger numbers over recent weeks

The country's airport industry is projected to report a profit before tax of USD 1.3 billion in the current financial year. The profit is anticipated to be Rs 256.1 (USD 3.1) per passenger in the fiscal ending March 2025, aviation advisory firm CAPA India said while giving projections at its aviation summit in the national capital on Friday. In the current fiscal, passenger throughput at Indian airports is estimated to rise to 404.9 million. Out of the total, 81.1 per cent will be domestic and 18.9 per cent will be international traffic, it said. As per the report, the Airport Authority of India's (AAI) profitability is likely to remain robust in FY2024 and FY2025. "The topline will grow due to an increase in aeronautical revenue along with the receipt of revenue share from the recently privatised six non-metro airports, without having to incur any expense associated with it - resulting in higher profitability," it added. The industry's profit before tax is expected to be USD 1.3

Air passenger traffic in the country is projected to touch record levels in the range of 407-418 million in the current financial year and the revenues of select airport operators together are estimated to rise 15-17 per cent during the same period, rating agency Icra said on Thursday. Surpassing the pre-Covid level by 10 per cent, the traffic reached 376.4 million in the fiscal ended March 2024. In a report, Icra said the overall traffic is expected to see a healthy growth of around 8-11 per cent year-on-year to around 407-418 million in FY2025, supported by strong pick-up in both leisure and business travel, improving connectivity to newer destinations in the domestic segment and the continued uptick in international travel. Indian airport operators' revenue is anticipated to grow 15-17 per cent on an annual basis in the current fiscal ending March 2025, it added. Icra's sample set of airport operators include Airports Authority of India (AAI) as well as operators of Delhi, ...

The air traffic volume is expected to increase to the fiscal 2020 level of around 340 million passengers in FY23

Some 79% of the 15,000 airline passengers surveyed by LocalCircles said they believe carriers in India are compromising on passenger comfort and cutting corners as a result of the pandemic

The total demand for air travel in February measured in revenue passenger kilometres was down 74.7 per cent compared to February 2019, the International Air Transport Association (IATA) has said.

Operations have started with only 2,691 flights

IATA has said air passenger traffic fell in January

It said the airlines of the Asia-Pacific region will see passenger demand collapse by 53.8 per cent this year in comparison to last year

February international passenger demand fell 10.1 per cent compared to February 2019

Consequently, the total global lost revenue will come to $29.3 billion and represent a 4.7 per cent hit to global demand

Flight shaming has dented demand in Europe, particularly in northern parts but also in the United Kingdom, France, and Germany.

Unresolved trade frictions have undermined business confidence and disrupted global supply chains

Domestic demand rose 68.2%, while international traffic surged 27.2% in the year ending March 2017, compared to 2013-14: Sinha