Brief by Shorts91 Newsdesk / 03:50am on 06 Dec 2023,Wednesday India Global
India's international air travel rebounds to pre-pandemic heights in H1 FY24, with 3.14 crore passengers, mirroring 2019 levels. Tata group airlines—Air India, Air India Express, and Vistara—command a collective 23.5% market share, surpassing industry giant IndiGo. Domestic carriers collectively secure a 44.3% market share, witnessing a significant 9% surge from 2019. IndiGo and Vistara emerge as key players, while Air India's international market share rises to 12.6%. SpiceJet experiences a decline, and Go First suspends operations. Contributing factors include expansive networks, increased capacity, and geopolitical shifts. The resurgence signifies a robust recovery for India's international aviation sector, marking a return to normalcy.
