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2024 PASSENGER FORECAST
'Nobody will fly': India's plane versus train battle gets a twistIndia's Railway Minister said upcoming bullet trains will dominate short-haul routes like Mumbai-Pune and Bengaluru-Chennai, mirroring glob...- Uber CEO Dara Khosrowshahi begins five-day India visit; meets finance minister Nirmala SitharamanUber CEO Dara Khosrowshahi is in India, meeting top ministers to discuss strategic investments and platform growth. He highlighted a quadru...
- Why did Spirit Airlines fail? Is this the first economic shock of the Iran war— or a missed bailout moment under Trump? The true cost of flying cheap in AmericaWhy did Spirit Airlines fail? First major casualty of the 2026 Iran war fuel shock. The collapse of Spirit Airlines today, May 2, 2026, isn...
- Dubai's DXB airport forecast to handle nearly 100 million passengers this yearDubai International Airport, DXB, is set to welcome close to 100 million passengers this year. This follows a record performance in the pre...
- Domestic aviation industry estimated to post up to Rs 18,000 crore loss in FY26India's aviation sector faces a significant financial hit. A net loss of Rs 17,000 to Rs 18,000 crore is now projected for the current fisc...
- Global air passenger traffic to reach 9.8 billion in 2025: ReportsGlobal air passenger traffic will reach 9.8 billion in 2025. This represents a 3.7 percent increase from 2024 figures. International travel...
- Aviation soars, but profits still on the groundIndia's aviation sector is experiencing rapid expansion. However, profitability remains a concern for airlines globally. IATA forecasts low...
- India's passenger vehicle sales hit record high at 43 lakh units in FY25, utility vehicles driver of growth: SIAMIndia's passenger vehicle sales hit a record 4.3 million units in FY 2024-25, a 2% increase driven by Utility Vehicles. Exports surged by 1...
- One in two cars will be electric by 2035, India among countries to lead: CounterpointBy 2035, every second car will be electric, driven by growth in regions like India, Latin America, Japan, and Southeast Asia. In 2024, glob...
- Air passenger numbers to top five billion in 2025: IATAThe International Air Transport Association (IATA) projects over five billion air passengers in 2025, marking a historic milestone. Industr...
- Global airlines see growth in 2025 despite supply chain issuesAirlines predict record profits and passenger numbers for 2025. Revenues are expected to top a trillion dollars. The industry expects 5.2 b...
- S&P Global Mobility lowers India's 2030 EV penetration forecast to 19%Puneet Gupta, director, S&P Global Mobility, spoke on the sidelines of an event in Mumbai where S&P released its first edition of 'India Fo...
- Domestic PV wholesales up 3% at 3.4 lakh units in June: SIAMPassenger vehicle wholesales in India increased by 3% to 3,37,757 units in June 2024, according to SIAM. Two-wheeler wholesales rose 21% to...
- PV sales up in low-digits as growth pace moderated in May: SIAMPassenger vehicle dispatches increased by 3.9% in May, setting a new record. Three-wheeler sales surged by 14.7%. Two-wheelers grew by 10.1...
- Delhi Weather: Residents wake up to this winter's coldest morning at 3.5 degrees Celsius, 9 flights diverted due to dense fogDelhi Weather Update: Dense fog blankets Delhi, causing traffic disruptions and chilling temperatures. The RK Puram area records a minimum ...
- India's air passenger traffic may touch 380 million in FY24 with growth revised to 14-16%: ICRAOverall passenger traffic is forecasted to touch a record high between 373 to 380 million with a YoY growth of 14-16 per cent in the next f...
- Noida Airport increases traffic forecast by 58% in first year of businessThe Noida International Airport at Jewar has revised its forecast for expected traffic due to a recovery in air travel. The airport, owned ...
- Dubai airport annual passenger traffic jumps 127%While the figures are still below volumes reached before the COVID-198 pandemic, Dubai Airports Chief Executive Paul Griffiths said he woul...
- Global air passenger numbers to exceed pre-COVID level in 2024: IATAIn 2021, overall traveller numbers were 47 per cent of the pre-COVID level, the International Air Transport Association (IATA) mentioned.
- Indian Railways to run demand-based passenger trainsFurther, it plans to achieve freight movement of 2024 million tonne by 2024 as part of its Vision 2024 as against the current 1210 million ...
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