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Indian airlines are aiming to deploy additional aircraft on short- and medium-haul international routes as well as leverage codeshare agreements with major global airlines, stated a CRISIL report.

Indias international passenger traffic grew to around 70 million in fiscal 2024

The report points out that Indian airlines, such as Air India and IndiGo, are strategically adding new aircraft to their fleets and launching new international routes which are cutting travel time.

The share of Indian airlines in international passenger traffic, including originating or terminating as well as the traffic transitioning through the country, is seen surging 700 basis points to around 50 per cent by 2027-28, from 43 per cent in the previous fiscal, it said.

India Business News: he share of Indian airlines in international passenger traffic that originates from, terminates in, or transitions through India is projected to incre

As much as half of the countrys international air passenger traffic is expected to be catered by Indian airlines by financial year 2027-28, credit ratings agency CRISIL said on Monday. The share of Indian airlines in international passenger traffic, including originating or terminating as well as

The agency asserted that the improvement would be driven by Indian airlines deploying additional aircraft and adding new routes in the international segment | Latest News India

India Business News: MUMBAI: The share of Indian airlines in international passenger traffic to, from or via India has been seen surging and it is slated to go up from 43 .

The share of Indian airlines in international passenger traffic originating from, terminating in, or transitioning through India is expected to surge 50 per cent by fiscal 2028 from 43 per cent in 2024, according to Crisil Ratings.

The airlines in India are poised to capture 50 per cent share of the country's international passenger traffic by 2027-28 with a 7 per cent jump in market share from 43 per cent at present, according to a CRISIL report released on Monday.New ...