Domestic air passenger growth in April slows to over two-year low of 2.4% YoY
New Delhi, May 21, 2024.
The growth in India’s domestic air passenger traffic slowed to 2.4 per cent year-on-year (YoY) in April, the lowest level of YoY growth in 26 months, mainly due to the high base of last year when the domestic aviation sector made a full recovery from the pandemic, indicates the data from the country’s civil aviation regulator. A few other factors constraining capacity deployment and ramp-up by Indian carriers have also been adding to the downward pressure on passenger growth over the past few months.
The country’s total domestic air passenger pie expanded to 1.32 crore in April, up from 1.29 crore in the year-ago month, as per data from the Directorate General of Civil Aviation (DGCA). Sequentially, the domestic air passenger traffic in April was 1.3 per cent...
