Air Passenger Traffic

Named ninth busiest for passenger traffic in 2022, is only Indian airport in the list

Indian airport operators are projected to report 26 per cent rise in revenues at USD 3.9 billion in the next financial year, aviation consultancy CAPA India said on Wednesday. For 2023-24, air passenger traffic, including domestic and international, is expected to be 395 million, it said while presenting the outlook for the airports. Out of the total, domestic air passengers will rise to 320 million from 275 million this fiscal. During this period, the international air passenger count will increase to 75 million from 58 million. "India is forecast to see domestic airport pax rise to 700 million passengers, and international airport pax to 160 million passengers by FY2030," CAPA India said. It said Indian airports' revenue of USD 3.9 billion (Rs 32,390 crore) in the next fiscal will be 26 per cent higher than anticipated in 2022-23. The outlook was presented at the CAPA India aviation summit here. Stefano Barconi, Director General of ACI Asia Pacific, said airports' health was ..

Of the overall passenger movement, CSMIA recorded 75 per cent domestic traffic and the rest 25 percent shared by international travellers

Domestic air passenger traffic grew 15 per cent year-on-year to around 129 lakh in December 2022 but remained 1 per cent lower than the pre-pandemic level (December 2019), rating agency Icra said on Thursday. Icra has also maintained a 'Negative' outlook on the Indian aviation industry. In the April-December period of the current fiscal, domestic passenger traffic is estimated at around 986 lakh, registering around 63 per cent year-on-year growth and lower by approximately 9 per cent compared to April-December 2019 (pre-COVID levels), it said. At the same time, the airlines deployed slightly higher capacity (less than 1 per cent) in the previous month over the year-ago period, the rating agency said, adding that it, however, was lower by around 7 per cent than the pre-COVID levels. According to Icra, the domestic aviation industry operated at an estimated passenger load factor of around 91 per cent in December 2022 against approximately 80 per cent in December 2021 and about 88 per

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

Railway freight indicators growing slower than before

After the removal of airfare caps, there seems to be a mixed trend with lower ticket prices for routes having relatively lesser passenger loads, according to travel industry experts. More than two years after being put in place amid the coronavirus pandemic, the fare caps were removed with effect from August 31. The move also came against the backdrop of gradual recovery in domestic air passenger traffic. The average booking price has not changed much but there seems to be a mixed trend with certain sectors seeing drop in fares while some others witnessing a rise, as per the industry players. The country's largest airline IndiGo said the removal of airfare caps will give an opportunity to offer dynamic pricing and that there has been a consistent increase in the number of passengers over the last 5-6 months. The airline did not provide a specific answer on the airfare trends cap removal. Indiver Rastogi, President & Group Head, Global Business Travel, Thomas Cook (India) and SOTC

Vehicle registrations were lower than the week before

Frankfurt Airport, Germany's main air transport hub, saw more than 5 million passengers in one month for the first time since the outbreak of the coronavirus pandemic in early 2020, authorities said

With the rise in the number of flyers, the government has been taking multiple steps for corresponding growth in the airport infrastructure

Forecasts show that the airport would have to handle as many as 104,000 passengers a day over the summer, the airport said.

The city's Chhatrapati Shivaji Maharaj International Airport (CSMIA) handled 21 per cent more passengers at 19.8 million in 2021 compared to the previous year

Traffic growth was led by increase in flights and increase in seat occupancy due to increased travel demand during Diwali and Chhath Puja

As per rating firm, ICRA, due to Covid-19 pandemic, the ongoing capacity expansion plans at the major airports are expected to be delayed by 12 to 18 month.

Domestic air passenger traffic grew by a whopping 67 per cent year-on-year at around 87-88 lakh in October, on the back of festive season demand amid continuous fall in the number of COVID-19

The city's Chhatrapati Shivaji Maharaj International Airport (CSMIA), handled a record over 91,000 travellers on October 17 in a single day

On October 3, Delhi airport handled over 125,000 passengers (domestic and international) arriving or taking off

Compared y-o-y, air passenger traffic growth stood at around 74 per cent in the month under review over September 2020

Shares of Indian airlines InterGlobe Aviation and SpiceJet surged on Friday after regulatory data showed that passenger growth jumped 136.6% last month

The onset of the festive season coupled with some countries easing visa and travel curbs helped Mumbai's CSMIA to post a nearly four-fold growth in passenger traffic in August.