Airports Authority of India Reports 15% Increase in Passenger Footfalls Despite Industry Challenges

Indian airports see 15% passenger growth in FY24 despite industry challenges, with international traffic up 22.3% and domestic up 13.5%. Top 10 airports handle 71% of total footfalls, highlighting the resilience and potential of the aviation market.

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Rafia Tasleem
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Airports Authority of India Reports 15% Increase in Passenger Footfalls Despite Industry Challenges

Airports Authority of India Reports 15% Increase in Passenger Footfalls Despite Industry Challenges

The Airports Authority of India (AAI) has reported a 15% increase in combined passenger footfalls for the fiscal year 2024, despite facing challenges from the shutdown of Go FIRST and aircraft groundings by IndiGo. International traffic grew by an impressive 22.3%, while domestic traffic saw a 13.5% increase.

The top 10 airports by international footfalls experienced a 21% growth, with Delhi airport leading the way at 24.4% and Ahmedabad recording the highest growth at 28.5%. The competition for the fourth position in international traffic between Bengaluru and Kochi is anticipated to be closely contested.

On the domestic front, the top 10 airports grew by an average of 11%, with Pune recording the highest growth at 18.9%. However, some airports like Kushinagar, Kannur, and Goa's Dabolim saw declines in traffic due to the impact of Go FIRST's shutdown and SpiceJet's service reductions.

Why this matters: The growth in passenger footfalls despite industry challenges highlights the resilience and potential of the Indian aviation market. As the sector recovers from the impact of the pandemic and navigates operational hurdles, the positive figures indicate a strong demand for air travel in the country.

The Indian aviation market continues to be dominated by the top 10 airports, which handled 71% of the total passenger footfalls in the country. The AAI's report showcases the ongoing growth and importance of these major hubs in connecting travelers across India and internationally.

Key Takeaways

  • AAI reports 15% increase in passenger footfalls in FY 2024 despite industry challenges.
  • International traffic grew 22.3%, domestic traffic 13.5%; top 10 airports saw 21% growth.
  • Delhi airport led international traffic at 24.4%, Ahmedabad had highest growth at 28.5%.
  • Domestic top 10 airports grew 11% on average, with Pune recording 18.9% growth.
  • Indian aviation market remains dominated by top 10 airports, handling 71% of total footfalls.