Indian Economy News

Domestic passengers traffic of January-March, 2023 shows 51.70% annual growth

According to the Directorate General of Civil Aviation's Traffic Report for March, 2023, domestic airlines carried 375.04 lakh passengers from January-March, 2023, as compared to 247.23 lakh passengers during the same period in the previous year, representing a growth of 51.70% annually and 21.41% monthly.

The passengers’ complaints have decreased in March, 2023 (347 complaints) as against March, 2019 (1,684 complaints). Moreover, in March, 2023, an increase in the Passenger Load Factor (PLF) was witnessed by Vistara, Air India, Air Asia, and Star Air as against March, 2019.

According to the report, Indigo, Vistara, and Air Asia increased their market share from March, 2019 to March, 2023.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.