Key Points
NEW DELHI : Domestic carriers registered a 22% increase in international air traffic to and from India at 7.7 million passengers, as per the latest data available for the October-December period, the fruits of a likely sustained post-pandemic focus by Indian airlines to expand their international network..
As per data from the regulator Directorate General of Civil Aviation, Indian airlines also registered an increase in the cumulative market share of international flights to and from India at 44.6% in the period..
For the entire calendar year 2023, domestic carriers garnered a market share of 44.4% by transporting 28.4 million international passengers, a sharp increase from 38% recorded in pre-pandemic 2019 when the passenger count was around 24.2.
Another sign of a bounce-back is that while the total international traffic for 2023 for both international and domestic carriers is still 0.5% lower at 63.9 million passengers than the 2019 figure of 64.2 million, the Indian airlines have outpaced their pre-pandemic levels of international air traffic..
The ability of Indian carriers to garner higher share in international routes will depend upon the route offering by the Indian carriers in the sought after routes, availability of requisite wide-body fleet, which is generally preferred for long-haul flights, and adequate code-share/partnership with foreign airlines to service far-off and underserved destinations," said Suprio Banerjee, vice president and sector head - corporate ratings, ICRA...
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