Key Statistics: Passenger and cargo traffic trends
Revival in passenger traffic Air passenger traffic has grown at a CAGR of around 11 per cent between 2002-03 and 2022-23, driven primarily by domestic traffic. Strong economic growth, burgeoning demand for air travel, and […]
Riding Tailwinds: Notable progress in the aviation sector
The aviation industry has been making notable progress on the back of several favourable conditions. A rise in income levels, a positive change in income distribution, and urbanisation have led to an increase in demand […]
Scaling Up: Strong focus on airport and fleet expansions
The Indian aviation sector has been riding on favourable tailwinds in recent years, marked by significant infrastructure developments and policy initiatives. Passenger traffic has been rising over the past decade, owing to supportive government policies, […]