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Indian Aviation Likely To Post Moderate Growth

Domestic air passenger traffic grows over 11% in Feb

Indian Aviation Likely To Post Moderate Growth

Indian Aviation Likely To Post Moderate Growth
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24 March 2025 2:18 PM IST

New Delhi: India’s aviation sector reflects a stable outlook with domestic air passenger traffic recording a double-digit growth of 11.04 per cent in February this year compared to the same month of the previous year, official data showed.

According to an ICRA report, domestic air traffic for the 11 months of the current financial year was around 1,551 lakh passengers, which is 7.7 per cent higher than the same period of the previous year and 12.9 per cent higher than the pre-Covid level of 1,338 lakh in 11MFY20.

Besides, in the first 10 months of the current financial year (April-Jan), the international passenger traffic for Indian carriers stood at 280.9 lakh, a year-on-year growth of 14.8 per cent, higher than the pre-Covid level of around 198.8 lakh by 41.3 per cent. The ICRA report states that the outlook for the Indian aviation industry remains stable, driven by expectations of moderate growth in domestic air passenger traffic and a relatively stable cost environment in FY25 and FY26.

According to data released by the Directorate General of Civil Aviation (DGCA), India’s scheduled domestic flight operators ferried around 1.40 crore passengers during February this year, up from 1.26 crore in the same month of the previous year.

DGCA’s monthly passenger traffic report shows that IndiGo continues to be the country’s largest airline with a 63.7 per cent market share. The low-cost carrier flew 89.40 lakh passengers in February 2025. IndiGo was followed by Air India Group, including Air India Express, which carried 38.30 lakh passengers, which gives the Tata Group airline a 27.3 per cent market share. Newly launched airline Akasa Air carried 6.59 lakh to get a 4.7 per cent share of the market pie while Ajay Singh-led budget airline SpiceJet flew 4.54 lakh passengers which gives it a market share of 3.2 per cent, Among the smaller airlines Alliance Air carried 0.86 lakh passengers in February to get a market share of 0.6 per cent, followed by Star Air, which flew0.60 lakh passengers, accounting for a 0.4 per cent market share.

Indian Aviation Sector Domestic Air Traffic International Passenger Growth DGCA Report IndiGo Market Share 
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