Domestic air passenger traffic in India to increase by 6.1 percent to 144.9 lakh in November

Domestic air passenger traffic in India is expected to grow by 6.1 percent to 144.9 lakh in November. A report released on Tuesday said that domestic air passenger traffic in India is expected to increase by 6.1 percent to 144.9 lakh in November, while it was 136.6 lakh in October. Moreover, as per estimates by credit rating agency ICRA, it witnessed a year-on-year growth of 13.8 per cent in November from 127.4 lakh in November 2023 and was 11.9 per cent higher than the pre-Covid level of 129.5 lakh in November 2019. For the eight months of this fiscal (April-November), domestic air passenger traffic stood at 1074.9 lakh, a growth of 6.7 per cent year-on-year from the pre-Covid level of 957 lakh in the first eight months of FY20. was 12.3 percent more. Moreover, in the first seven months of this financial year (FY25), international passenger traffic for Indian carriers stood at 190.3 lakh, an annual growth of 15.9 per cent, and is 45.4 per cent higher than the pre-Covid level of 131 lakh, the report said. Mentioned in.

According to the report, capacity deployment of airlines in November 2024 was 8.6 per cent higher than that in November 2023.
It is estimated that the domestic aviation industry will operate at a passenger load factor (PLF) of 90.4 per cent in November 2024, compared to 86.3 per cent in November 2023 and 89.5 per cent in November 2019 (pre-Covid).

From April to July this year, ATF prices were 3.1 per cent, 6.4 per cent, 6.7 per cent and 4.9 per cent higher respectively on a year-on-year basis. The report said that from August to December, prices were down by 2.2 percent, 17.8 percent, 26.5 percent, 19.6 percent and 14.5 percent respectively on year-on-year basis.