- India’s domestic air passenger traffic reached a record 15.2 crore in 2023, surpassing the previous record of 14.4 crore in 2019, indicating a full recovery from the Covid-19 impact.
- Despite financial and engine issues at various airlines and the suspension of Go First’s services, the resilience in traffic suggests the industry has fully recovered.
- With a potential growth of 5-15% in 2024, and major airlines planning network and capacity expansions, the sector is expected to witness significant growth in the coming years.
India’s domestic air travel hits record high in 2023, surpassing pre-pandemic levels
