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LATEST NEWS UPDATES | Air Travel sets a new record in February - Anu Sharma

Air Travel sets a new record in February - Anu Sharma

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published Published on Feb 21, 2023   modified Modified on Feb 21, 2023

Livemint

Air travel in India has surged to a new post-covid record in February, with an unexpectedly robust showing in what is typically one of the slowest periods for airlines, driven by a rebound in corporate travel and demand from events such as the recent G20 meetings and Aero India.

India’s average daily domestic air passenger numbers in February increased to around 420,000 from 410,000 in December. The average daily passengers in January and February have also been higher than the figures recorded in the festival months of October and November, which saw 370,000 and 390,000 respectively.

In fact, domestic air passenger traffic has surpassed the post-covid record achieved in December, reaching new highs in February. The numbers peaked at 444,845 passengers on 19 February and 437,800 passengers on 12 February, surpassing the previous high of 435,500 passengers on 24 December.

Travel portals such as Ixigo have seen a 15-20% month-on-month increase in flight searches and bookings to popular business centres like Delhi, Bangalore and Mumbai. The ongoing wedding season has added to the rise, bringing in leisure travellers. There was also a sudden surge in bookings this month for Bengaluru due to high-profile events like India Energy Week, a G20 meeting and the Aero India show.

The fiscal fourth quarter has traditionally been weak as corporates cut down on travel and negligible leisure travel due to school examinations during the end of the year.

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Anu Sharma, Livemint, 21 February, 2023, https://www.livemint.com/news/india/air-travel-sets-new-record-in-february-11676916568230.html


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