Passengers carried by Domestic airlines registered an annual growth of 38.27% and monthly growth of 23.13%

New Delhi, Sep 21, (Fast Mail News):-- The domestic aviation industry has experienced a remarkable surge in passenger traffic during the first eight months of 2023. According to the latest data analysis, the number of passengers carried by domestic airlines from January to August 2023 reached an impressive 1190.62 lakhs, marking a substantial increase of 38.27% compared to the same period last year.

The month of August 2023 alone witnessed a significant monthly growth rate of 23.13%, with passenger numbers soaring to 148.27 lakhs. This upward trend in passenger growth reflects the industry’s resilience and recovery from the challenges posed by the global pandemic.

Despite the impressive growth in passenger traffic, it is worth noting that the overall cancellation rate for scheduled domestic airlines in August 2023 was a mere 0.65%. During August 2023, a total of 288 passenger-related complaints had been received by scheduled domestic airlines, with a complaint rate of around 0.23 complaints per 10,000 passengers carried. This low complaint and cancellation rate is a testament to the industry’s efforts to prioritize customer satisfaction and providing reliable and efficient services to passengers.

Appreciating the growth in the sector, Shri Jyotiraditya M. Scindia, Union Minister of Civil Aviation and Steel has said that this consistent growth is a testament to the collective efforts of airlines, airports, and the Ministry of Civil Aviation in fostering a safe, efficient, and customer-centric aviation ecosystem. The aviation industry remains committed to ensuring passenger safety and comfort while adapting to evolving travel demands and regulations. As air travel continues to recover, domestic airlines are poised to play a pivotal role in facilitating economic growth and connectivity across India.

Related Business News

RBI keeps repo rate unchanged at 6.50%: Shaktikanta Das

-GDP growth is estimated to be seven percent in the financial year 2023-24 MUMBAI:The Reserve Bank of India (RBI) has not made any changes in the interest rates. Also, by maintaining the main policy repo rate at 6.50 percent for the fifth consecutive time, the gross domestic product (GDP) grow....

Pakistan's forex reserves fall by 237 mln US

ISLAMABAD:The State Bank of Pakistan (SBP) said on Thursday that its foreign exchange reserves had decreased 237 million U.S. dollars. During the week ending on Dec. 1, the total foreign exchange reserves of the bank fell to around 7 billion dollars, the SBP said in a statement.

Mandaviya inaugurates 59th Fertiliser Association of India Annual Seminar 2023

NEW DELHI: “Under the able and visionary leadership of Prime Minister, Narendra Modi, the Indian Fertiliser Sector has achieved the twin objectives of supporting our 14 crore farming families by providing timely fertilisers, driving agronomic services, and emerging as a stron....

Govt imports coal for blending at 6% till March 2024: R. K. Singh

NEW DELHI:The Union Minister for Power and New & Renewable Energy has given an explanation of the government’s policy regarding use of imported coal in thermal power plants, as given below. The concern of Ministry of Power is to ensure sufficient availability of coal at Thermal Power....

Govt of India and ADB sign $175 million loan to improve connectivity in Madhya Pradesh

NEW DELHI:The Government of India and the Asian Development Bank (ADB) yesterday signed a $175 million loan to improve connectivity and resilience of roads in the state of Madhya Pradesh. The signatories to the loan agreement for the Enhancing Connectivity and Resilience of the Madhya Pr....