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As much as half of the country's 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 ...