India’s civil aviation industry: some vital statistics

India is one of the fastest growing aviation markets and currently the ninth largest civil aviation market in the world with a market size of around US$16 billion. India is projected to become the third-largest aviation market by 2026 and the largest by 2030. There were some 1.4 lakh scheduled international aircraft movements of Indian airliners in FY17, 9.7% growth over FY16. 20 percent. The airlines operating in India are projected to record a collective operating During 2017, domestic passenger traffic increased by 22 per cent in comparison with growth rate of 21.24 per cent in 2016. India’s air cargo is estimated to grow at 9 per cent over the next few years.