Trade Analytics
Aviation
India is expected to become the third largest aviation market by 2020 and is expected to be the largest by 2030.

Indian Airports Analysis

Latest update: April, 2018

  • Total freight traffic registered a CAGR of 7.08 per cent over FY06-17
  • During FY06-17, domestic freight traffic increased at a CAGR of 7.95 per cent, while international freight traffic grew at a CAGR of 6.58 per cent during the same period.
  • In FY17, domestic freight traffic stood at 1,123.18 million tonnes, while international freight traffic was at 1,855.06 million tonnes.
  • During FY17, domestic freight traffic increased at 7.39 per cent while international freight traffic increased at 11.86 per cent in comparison with FY16.
  • By 2023, total freight traffic is expected to touch 4.14 million tonnes exhibiting growth at a CAGR of 7.27 per cent between FY2016 and FY23. In addition, international freight traffic is expected to grow at a CAGR of 7.13 per cent while domestic freight traffic is expected to grow at a CAGR 7.50 per cent between FY2016 and FY23.
Growth

Notes: 1From April to February 2018, *CAGR is calculated as sum of international and domestic traffic till FY17
Source: Airports Authority of India

  • Witnessing a growth of 18.5 per cent over the previous year, total passenger traffic stood at a 264.97 million in FY17, which was recorded at 223.62 million in FY16 in India.
  • Growth in passenger traffic has been strong since the new millennium, especially with rising incomes and low-cost aviation; during FY06-17, passenger traffic grew at a CAGR of 12.39 per cent in the country.
  • By 2036, India is estimated to have 480 million flyers, which will be more than that of Japan ( just under 225 million) and Germany ( just over 200 million) combined.
  • India has become the third largest domestic aviation market in the world and is expected to overtake UK to become the third largest air passenger* market by 2025.
Growth

Notes: CAGR – Compound Annual Growth Rate, FY – Indian Financial Year (April – March), 1April 2017 to February 2018, *CAGR is till FY17, *Air passenger – Domestic + International
Source: Association of Private Airport Operator, Airports Authority of India

Last Updated: April, 2018

India’s domestic aviation market has become the third largest in the world and the overall civil aviation market* in India is all set to become the world's third largest by 2020. During April-February 2017-18, domestic airlines carried over 280.24 million passengers. By 2020, passenger traffic at Indian airports is expected to increase to 421 million.

Domestic passenger traffic expanded at a Compound Annual Growth Rate (CAGR) of 12.39 per cent over FY06–17. International passenger traffic posted a CAGR of 9.27 per cent over FY06-17. Freight Traffic grew at a CAGR of 7.08 per cent over FY06-17. Freight Traffic is expected to grow at a CAGR of 7.27 per cent to reach 4.14 million tonnes in FY23.

The Government of India has launched regional connectivity scheme named UDAN (Ude Desh ka Aam Nagrik) to make flying affordable for common man.

AAI is going to invest Rs 15,000 crore (US$ 2.32 billion) in 2018-19 for expanding existing terminals and constructing 15 new ones. It has opened airport sector to private participation, six airports across major cities are being developed under the PPP model. The Airports Authority of India (AAI) aims to bring around 250 airports under operation across the country by 2020.

According to various estimates, India will require investments worth Rs 3 - 4 lakh crore (US$ 46.55 - 62.06 million) to achieve a capacity for having a billion trips per year.

Note: *Domestic and International

Sectoral Presentation (April, 2018)

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Previous Sectoral Presentation (March, 2018)

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