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
This story is from the December 31, 2022 edition of Businessworld India.
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This story is from the December 31, 2022 edition of Businessworld India.
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