Domestic air traffic likely to touch 164 million in FY25
India's domestic air traffic is projected to increase by 6-8 per cent to 161-164 million this financial year, while international air traffic is expected to rise by 9-11 per cent to 75-78 million by March 2025. Domestic carriers are facing consoli...
The domestic carriers are projected to report consolidated losses in the range of USD 0.4 to 0.6 billion this financial year. The losses are estimated at USD 1.3 to 1.5 billion, excluding IndiGo, which is profitable.
One of the reasons for the losses would be on account of capacity shortage due to the grounding of aircraft.
At present, around 130 planes are grounded due to various reasons, and the number would be about 180, including the aircraft of Go First, it said.
Go First stopped flying last year.
In terms of the total fleet, CAPA India said net inductions are expected to be 84, taking the total number of planes with domestic carriers to 812 at the end of March 2025.
Last fiscal, the fleet count stood at 728.
"Over 1,700 aircraft are on order as of February 2024. The current Indian order book is more than twice the size of the number of aircraft in service. This is by far the highest ratio in the world, reflecting the optimism about future growth," it said.
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