Denemek ALTIN - Özgür

Global travel growth flies past domestic

Mint Mumbai

|

January 01, 2024

The growth rate of international traffic at Indian airports has surpassed that of domestic air traffic, as Indians increasingly opt for foreign trips on the back of improved connectivity and relaxed visa norms.

Global travel growth flies past domestic

A low base effect and more flights available for international travel have also contributed to this trend.

As per data from the Airports Authority of India, international passenger traffic handled at Indian airports this fiscal year (April to November) jumped 25.3% year-on-year (y-o-y). Comparatively, domestic air passenger traffic witnessed a 17.9% increase in the same period.

However, domestic passengers outnumber international passengers by a wide margin. The number of domestic air passengers at Indian airports was 100.4 million in April-November, compared to 44.5 million recorded for international passengers.

Industry experts said the higher growth rate is a result of two factors. One, a low base effect, as international scheduled commercial flights resumed operations to and from India with effect from March 2022 after a two-year hiatus induced by covid-19.

Two, higher interest among international and domestic airlines to operate more flights to and from India.

Mint Mumbai'den DAHA FAZLA HİKAYE

Mint Mumbai

PayMate pulls plug on West Asia operations

The Visa-backed B2B payments firm is scrambling to raise more funds

time to read

2 mins

November 20, 2025

Mint Mumbai

Exide's dual bet: Can lithium-ion offset a weakening core?

Exide Industries Ltd is struggling to fuel its core lead-acid business while simultaneously turning its capex-heavy lithium-ion venture into a viable second growth engine.

time to read

1 mins

November 20, 2025

Mint Mumbai

Mint Mumbai

Fractal Analytics bets heavily on R&D in AI race before IPO

Enterprise artificial intelligence firm Fractal Analytics plans to maintain high research and development (R&D) spending ahead of its market debut for which a date has not yet been set, a top executive has said.

time to read

2 mins

November 20, 2025

Mint Mumbai

Bajaj Auto secures KTM majority stake

Bajaj Auto Ltd on Wednesday announced the completion of acquisition of a majority stake in Austrian motorbike maker KTM following receipt of necessary approvals from European regulators for its €800-million transaction.

time to read

1 min

November 20, 2025

Mint Mumbai

Adani wins approval for Jaiprakash takeover

Billionaire businessman Gautam Adani-promoted Adani Enterprises said on Wednesday that the creditors of the bankrupt infrastructure firm Jaiprakash Associates have approved its takeover proposal.

time to read

1 min

November 20, 2025

Mint Mumbai

Mint Mumbai

BSNL dials vendors for a fix as regulator flags weak signal

State-owned Bharat Sanchar Nigam Ltd (BSNL) has flagged weak transmission signals at thousands of its new 4G towers—an issue behind call drops and slower data speeds—at a time when the operator is attempting a long-awaited turnaround backed by the government's successive revival packages.

time to read

1 mins

November 20, 2025

Mint Mumbai

India seeks vessels to ship West Asia crude

A surge in bookings for oil tankers to bring cargoes from West Asia to India points to higher import flows ahead, as sanctions on major Russian producers force the South Asian importer to seek alternatives.

time to read

1 min

November 20, 2025

Mint Mumbai

Liquor firms press Telangana for dues

The alcohol industry has urged Telangana to clear $337 million dues to avoid supply shortages.

time to read

1 min

November 20, 2025

Mint Mumbai

Mint Mumbai

QSR chains go upmarket in face-off with gourmet brands

For long, western fast-food chains operating in India have focussed on low prices and localized fare to grow in scale and scope. But now, they are increasingly turning to premium bases and ingredients as competition from high-end gourmet pizza and burger brands shows that there are better profits to be harvested.

time to read

2 mins

November 20, 2025

Mint Mumbai

Air India lobbies to use airspace over China’s Xinjiang

India-China flights resumed after a five-year hiatus.

time to read

1 mins

November 20, 2025

Translate

Share

-
+

Change font size