In Expansion Mode
Businessworld India|December 31, 2022
There is a mega boom in the civil aviation sector with people flying in record numbers as the government lines up more capital for expansion and growth
ASHISH SINHA
In Expansion Mode

THE DOMESTIC aviation sector has seen it all. From the highs of 2019 when over 14.41 crore passengers flew within the country to a complete shutdown of airports and the aviation sector in mid-2020. Amidst Covid-related restrictions, the aviation sector struggled through 2020 and 2021. But not today. Already, the airports in Delhi and Mumbai (that handle the lion's share of domestic passengers) are overflowing. Advisories have been issued to the passengers to show up at least 3.5 hours before the scheduled departure time to avoid the chaos at the airport.

During the January-October 2022 period, domestic air carriers carried nearly 10 crore passengers, up from 6.2 crore during the year-ago period, an annual growth of 59 per cent, the civil aviation regulator said. By the time the passenger traffic figures for November and December 2022 come out, experts believe the domestic aviation sector would have matched the highs of 2019 or thereabout.

Set to Grow

Domestic passenger traffic grows 60 per cent in 10 months of 2022

Nearly 10 crore domestic passengers flew in Jan-Oct period

India is expected to have 40 crore air travellers by 2027: IATA 

Airports are unable to cope with passenger traffic in December

Government continues to pump in money for expansion

AAl leased out six of its airports under PPP

هذه القصة مأخوذة من طبعة December 31, 2022 من Businessworld India.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة December 31, 2022 من Businessworld India.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من BUSINESSWORLD INDIA مشاهدة الكل
Is Leadership Without Hierarchies Possible?
BW Businessworld

Is Leadership Without Hierarchies Possible?

LEADERSHIP IN THE current era is more challenging than ever before.

time-read
4 mins  |
September 21, 2024
The Rise and Evolution of Coffee Culture in India
BW Businessworld

The Rise and Evolution of Coffee Culture in India

AS A BANGALORE native, South Indian filter ‘Kaapi’ has always been a significant part of our tradition.

time-read
3 mins  |
September 21, 2024
The Daily Ground Goes Desi
BW Businessworld

The Daily Ground Goes Desi

Success in Tier-2 and Tier-3 cities hinges on several key factors, with one of the most important being the ability to offer high-quality products at an accessible price point

time-read
6 mins  |
September 21, 2024
Cracking The Indian Code
BW Businessworld

Cracking The Indian Code

TARUN JAIN, CEO of Tim Hortons India believes in creating an experience at cafes by blending global quality, local flavours and affordability

time-read
3 mins  |
September 21, 2024
Making Coffee the New Chai in India
BW Businessworld

Making Coffee the New Chai in India

Affordable, great-tasting coffee made fast-abCoffee is reshaping how India drinks coffee

time-read
3 mins  |
September 21, 2024
Scripting A New Era Of Coffee In India
BW Businessworld

Scripting A New Era Of Coffee In India

From a bootstrapped startup to international expansion, NOTHING BEFORE COFFEE is brewing its way to the top by challenging the giants of the coffee industry with innovation, personalisation, and sustainability

time-read
3 mins  |
September 21, 2024
"Driven By A Younger Demographic, Coffee Culture Is On The Upswing"
BW Businessworld

"Driven By A Younger Demographic, Coffee Culture Is On The Upswing"

SUNIL D'SOUZA, Managing Director and CEO of Tata Consumer Products, discusses the company's strategic growth in India's booming coffee market, focusing on premiumisation, innovation, and expanding consumer experiences both at home and in cafés, in this exclusive conversation with BW Businessworld's Tarannum Manjul

time-read
3 mins  |
September 21, 2024
Fresh Brew, Big Ambitions
BW Businessworld

Fresh Brew, Big Ambitions

From startups to stores, Beanly's Samayesh Khanna and Rahul Jain elevate India's coffee culture by making freshly brewed coffee a daily delight

time-read
3 mins  |
September 21, 2024
"On Track To Become India's Top Café Chain"
BW Businessworld

"On Track To Become India's Top Café Chain"

In an exclusive interview, RAJAT AGRAWAL, CEO of Barista Coffee, shared insights on the company's current market position, expansion strategies, and its response to growing competition

time-read
3 mins  |
September 21, 2024
"Ensuring A Seamless Coffee Experience Outside The Cafe Is The Next Big Thing To Watch Out For"
BW Businessworld

"Ensuring A Seamless Coffee Experience Outside The Cafe Is The Next Big Thing To Watch Out For"

In an exclusive conversation with BW Businessworld's Resham Suhail, Third Wave Coffee CEO RAJAT LUTHRA and its Co-founder AYUSH BATHWAL delve on how they are navigating the competitive landscape, going beyond retail and tapping changing consumer preferences

time-read
3 mins  |
September 21, 2024