Air Traffic Shows Growth

21-Jul-2014

Minister of State for Civil Aviation, Shri G.M. Siddeshwara informed the Lok Sabha today that the air traffic in terms of aircraft movement and passenger traffic has increased during the last three years. However, in the same period freight witnessed negative growth. The total aircraft movements and passengers have registered a Compound Annual Growth Rate (CAGR) of 3.3% and 5.6% respectively, whereas freight has declined by 1% during FY 2010-11 to FY 2013-14. In the current financial year (April- May, 2014) aircraft movements, passengers and freight traffic has increased by 5%, 5% and 9.9% respectively over traffic handled during (April-May) 2013-14.

Airports Authority of India (AAI) has estimated that traffic at all Indian airports, taken together in terms of aircraft movements, passenger and freight, are expected to grow at the rate of 4.2%, 5.3% and 5% respectively for the next five years.