The domestic air passenger traffic in India has increased from 10.54 million in April 2022 to 12.88 million in April 2023, observing a year-on-year growth of about 22.2 per cent.
AirAsia India--one of the Tata Group-run airlines--saw its passenger numbers in April jump by 65.71 per cent, recording the highest growth among all major carriers, according to data released by the Directorate General of Civil Aviation (DGCA). AirAsia India's market share in April 2023 was 7.6 per cent.
Akasa Air, which started operating its flights last August, carried 513,000 domestic passengers this April. This airline's market share was 4 per cent in April.
TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.
Subscribe To Insights
Key stories on business-standard.com are available to premium subscribers only.Already a BS Premium subscriber? Log in NOW
What you get on Business Standard Premium?
- Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
- Pick your 5 favourite companies, get a daily email with all news updates on them.
- Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
- Preferential invites to Business Standard events.
- Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.