Mumbai has become a center of growth in the fast-growing Indian civil aviation industry, especially when it comes to domestic air traffic. Leading aviation consultancy CAPA India has recently provided insights that offer an in-depth analysis of the current state and prospects of air travel within the country.
Unveiling Mumbai’s Air Traffic Statistics
Mumbai Airport is expected to have an impressive 153.4 million domestic air traffic in the budget year 2023–2024. In October last year, the 2023-24 estimate was revised from over 160 million to 155 million domestic air passengers, compared to the March 2023 projection. The changes reveal a sophisticated comprehension of the existing market dynamics and show CAPA India’s careful process of examining passenger traffic statistics.
Estimates for international travel have been reasonably positive. They got 70 million passengers which is a slight decrease from the 72–74 million predicted the year before. This recalculation of data indicates how the nature of international air travel varies. This is generally impacted by a variety of factors from changing geopolitical situations to economic shifts.
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CAPA’s detailed analysis goes beyond basic numerical calculations. It explains India’s place in the world of aviation to a greater extent. The nation continues to be one of the fastest-growing civil aviation markets in the world, and Mumbai plays a key role in this rise.
In addition to demonstrating how strong Mumbai’s domestic air traffic is, the data from CAPA India also points out the potential and problems that exist in maintaining sustainable growth. The city’s airports are busy as they prepare for the growing number of travelers planning their trip to India. The aviation industry in India appears to have a promising future, mostly due to the strategic insights provided by aviation consultancy like CAPA India.
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