Skift Take
A notable increase in both international and domestic air travel reflects positive trends in the country's aviation industry. This should stem the worry of those who fear a decline within the industry.
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In November, the average daily international passenger traffic surged by 8.4% month-on-month, reaching 198.5 million. This significant increase marks the beginning of the inbound travel season, as indicated by data from the Ministry of Civil Aviation.
The average daily domestic traffic also recorded a 4% month-on-month increase.
Moreover, from January to October 2023, domestic airlines witnessed an increase in the number of passengers carried, reaching almost 1.3 billion compared to 988 million in the same period the previous year. This represents an annual growth rate of 27%, with a monthly growth of 11%. The significant surge in passenger numbers highlights the industry's resilience and continuous expansion, the data stated.
The passenger load factor, a key indicator of airline efficiency, saw significant improvement during this period.
Average Daily Load Factor of Airlines:
IndiGo: 85.67% in November 2023; 83.36% in October 2023 Air India: 89.29 % in November 2023; 90.16% in October 2023 Spicejet: 90.25% in November 2023;