New Delhi: India's domestic air traffic is expected to grow by 6 to 8 percent in the current financial year to reach 161 to 164 million, according to a report.
International air traffic is projected to grow 9-11 per cent to 75 to 78 million in the fiscal year ending March 2025, aviation consultancy firm CAPA India said in a report on Wednesday.
Domestic carriers are projected to report consolidated losses in the range of USD 0.4 to 0.6 billion this financial year. Losses are estimated at US$1.3 to 1.5 billion, excluding IndiGo, which is profitable.
One reason for the losses will be the lack of capacity due to the grounding of aircraft.
It said that currently, around 130 aircraft are grounded due to various reasons and including Go First's aircraft the number will be around 180.
Go First stopped flying last year.
In terms of total fleet, CAPA India said the net fleet at the end of March 2025 is expected to be 84, taking the total number of aircraft with the domestic carrier to 812.
The fleet strength in the last financial year was 728.
“More than 1,700 aircraft are on order by February 2024. The current Indian order book is more than double the number of aircraft in service. This is the highest ratio ever in the world, reflecting optimism about future growth " It said.
International air traffic is projected to grow 9-11 per cent to 75 to 78 million in the fiscal year ending March 2025, aviation consultancy firm CAPA India said in a report on Wednesday.
Domestic carriers are projected to report consolidated losses in the range of USD 0.4 to 0.6 billion this financial year. Losses are estimated at US$1.3 to 1.5 billion, excluding IndiGo, which is profitable.
One reason for the losses will be the lack of capacity due to the grounding of aircraft.
It said that currently, around 130 aircraft are grounded due to various reasons and including Go First's aircraft the number will be around 180.
Go First stopped flying last year.
In terms of total fleet, CAPA India said the net fleet at the end of March 2025 is expected to be 84, taking the total number of aircraft with the domestic carrier to 812.
The fleet strength in the last financial year was 728.
“More than 1,700 aircraft are on order by February 2024. The current Indian order book is more than double the number of aircraft in service. This is the highest ratio ever in the world, reflecting optimism about future growth " It said.
