Passenger Traffic Near Pre-COVID Levels, Aviation Sector to Grow

The air passenger traffic in India is growing at a rapid pace. It has already reached near the pre-COVID levels. The government has also allowed the airlines to be able to operate flights at a 100% of their capacity. According to a PTI report, domestic air passenger volume grew by 70.86% to 89.95 lakh in October 2021. Compared to 52.71 lakh passengers last year, this year’s numbers are very positive for the airline sector. A major reason for this could be the increased number of people who are vaccinated in the country. Further, there has been a relaxation in travelling rules as well. However, this still won’t motivate the government for restarting international flights to and from India. India is operating international flights under air bubble agreements with multiple countries. If needed the government can expand the air bubble agreement instead of restarting international flights which might not be safe at the moment.

IndiGo Had Biggest Market Share in October 2021

Like always, IndiGo had control over the biggest percentage of total domestic traffic in October 2021. The airline flew over 48.07 lakh passengers which means 53.5% of the total domestic traffic. Air India, a Tata-owned airline had flown 10.61 lakh passengers and had an 11.8% market share. The civil aviation sector is growing at a rapid pace and this is good news for all the stakeholders involved. Further, in a few months, more airlines including Akasa Air and Jet Airways will join the competition in the country. This will give consumers more choices to travel with and will push the airlines to come out with innovative services.