Market Size

Domestic air traffic rose 17.69 per cent year-on-year in December 2017, continuing its double digit growth, according to the civil aviation regulator Directorate General of Civil Aviation (DGCA). About 11.24 million passengers flew in December 2017, up from 9.55 million a year earlier. Passengers carried by domestic airlines during 2017 were 117.1 million as against 99.89 million during the corresponding period of previous year, thereby registering a growth of 17.31 per cent, as per the DGCA.

As of December 2017, the existing fleet of aircraft stands at 548 aircraft in India, and another 920 aircrafts are expected to be inducted into the fleet by 2025.