India became the world’s 3rd largest
domestic aviation market in April 2024
¨
India became the world’s
3rd largest domestic aviation market in April 2024.
¨
Airline capacity reached
15.6 million seats.
¨
India moved ahead of
Brazil and Indonesia.
¨
India ranked behind only
the United States and China in domestic traffic.
¨
Domestic aviation market
means passenger air travel within a country’s borders.
¨
Airline capacity is
measured by available seats on scheduled flights.
¨
OAG is a global data and
analytics company that tracks airline capacity and schedules.
¨
India ranked 5th in the
overall global aviation market (2024), including domestic + international
traffic.
¨
In the domestic segment,
India improved from 5th position a decade ago to 3rd in 2024.
¨
India recorded an average
annual capacity growth of 6.9% (2014–2024) among top aviation markets.
¨ Low-cost carriers (LCCs) accounted for 78.4% of domestic capacity (April 2024) — highest among top markets.
¨ IndiGo increased its domestic capacity share from 32% (2014) to 62% (2024).
