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By Daanish Anand Mar 20, 2023 11:00:49 AM IST (Published)
Speaking at the CAPA India Aviation Summit, Jyotiraditya Scindia noted that the average pre-pandemic high of domestic travellers was 410,000, which has now risen to 456,000. The number of passengers in the last six years has almost doubled, he said.
Union Aviation Minister Jyotiraditya Scindia on March 20 said India will be the most important aviation market in the decades to come as it has emerged from turbulent times and has registered almost a V shaped recovery.
Speaking at the CAPA India Aviation Summit, Scindia noted that the average pre-pandemic high of domestic travellers was 410,000, which has now risen to 456,000. The number of passengers in the last six years has almost doubled, he said.
The compound annual growth rate (CAGR) is almost 14.5 percent on the domestic front while it’s nearly six percent on the international front.