1 hr ago

India’s Aviation Demand Outpaces Capacity as Airports Target Sixfold Growth

India’s Aviation Demand Outpaces Capacity as Airports Target Sixfold Growth
India’s aviation demand outpacing capacity; passenger traffic to grow six-fold by 2047: Naidu · CNBC TV 18

India’s air travel market is growing very quickly.

More people want to fly than airlines are currently adding seats for.

Passenger demand grew by 7.3% each year over the past decade.

Airline seat capacity grew by 7% each year.

This small difference means flights could become harder to get if capacity does not catch up.

Civil Aviation Minister Kinjarapu Ram Mohan Naidu said the government wants passenger numbers to grow six times by 2047.

India currently has more than 166 operating airports.

The government hopes to have 400 airports by 2047.

It also says 66 airports are being developed and 100 more are planned over the next 10 years.

Key facts

Passenger demand growth
Revenue passenger kilometres grew at a 7.3% compound annual growth rate over the last decade.
Seat capacity growth
Available seat kilometres grew at a 7% compound annual growth rate over the last decade.
Current airports
India has more than 166 operational airports.
Airport count in 2014
India had 74 operational airports in 2014.
Airport target for 2047
The government is targeting 400 airports by 2047.
Airports under development
Sixty-six airports are currently under development.
Ten-year airport pipeline
Another 100 airports are planned over the next 10 years.

Quotes

Kinjarapu Ram Mohan Naidu

India’s Civil Aviation Minister

“This means the market is growing faster than the seats”
CNBC TV 18

Sources

Related news