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India world’s 3rd largest domestic aviation market
New Delhi: India has now become the world’s third-largest domestic aviation market after the U.S. and China, as airlines such as IndiGo and Air India...
New Delhi: India has now become the world’s third-largest domestic aviation market after the U.S. and China, as airlines such as IndiGo and Air India have expanded their fleet size to cater to the surge in air passengers, according to data compiled by aviation analytics firm OAG.
The data show India’s domestic airline capacity doubled in the last 10 years from 7.9 million seats in April 2014 to 15.5 million in April 2024 to surpass Brazil and Indonesia and move up from the 5th position. India has replaced Brazil, which now stands at the fourth place with 9.7 million airline seats followed by Indonesia in fifth rank with 9.2 million. India has also posted the highest annual average capacity growth rate of 6.9 per cent over the last decade among the top five countries,
