Rising air passenger traffic lucrative for aviation sector
Air passenger traffic in the country grew by a whopping 56.9 per cent in 2016-17, compared to 2013-14, Deputy Civil Aviation Minister Jayant Sinha informed the parliament.
India’s domestic aviation sector has recorded 15.5 per cent growth in September. India is witnessing strong traction in recent years, supported by rising passenger demand. Further, domestic air travel traffic increased to more than 1 crore passengers in November, 2017.
The government’s UDAN scheme, which makes flying accessible for millions of Indians by encouraging airlines to fly to under-served airports, has aided the aviation industry. The scheme has led to significant rise in domestic air passenger demand, thereby making airlines business lucrative.
The Airports Authority of India (AAI) plans to increase its capital expenditure for FY18 by 25 per cent to Rs. 2,500 crore to expand the capacity at 12 airports to meet the mounting air traffic.
According to a recent report by the International Air Transport Association (IATA), India will have 48 crore flyers by 2036, which will be more than that of Japan and Germany combined.
Going ahead, increasing trend in passenger traffic and various government initiatives would augur well for the Indian aviation industry in coming years.
Below table illustrates the financial performance for last four years:
![](data:image/png;base64,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)