Rise in domestic air passenger traffic
After four consecutive months of decline, domestic air passenger traffic registered a rise in the festive month of October. The data issued by the Directorate General of Civil Aviation (DGCA) showed that domestic scheduled carriers carried 12.3 million passengers last month, witnessing an increase of about 4% from the year earlier.
This has raised hopes pertaining to the rebound of the Indian economy, which is already hit by a slowdown and subdued consumer demand. “We expect an all-time high fleet of more than 616 aircraft in the air soon. And with some more aircraft joining our fleet by 31 December, we expect a return to double-digit growth in the early part of next year,” said a senior DGCA official.