Domestic Aviation Industry Witnesses Recovery, Passenger Traffic Grows 60 Percent Annually

Image used for Representation. (Photo: IANS)

Domestic air passenger traffic remained around 4 percent below the pre-pandemic (FY20) volume of 14.15 crore

• 
  

The domestic aviation industry continues to witness recovery with air passenger traffic logging around 60 per growth at 13.60 crore in FY23 annually, ICRA said on Wednesday.

Despite this, domestic air passenger traffic remained around 4 percent below the pre-pandemic (FY20) volume of 14.15 crore, the credit rating agency said.

The Indian carriers had flown a total of 8.52 crore passengers on local routes in the year ended March 2022, as per ICRA.

Domestic passenger traffic stood at 1.30 crore in March this year, a growth of around 22 per cent from March 2022 volume of 1.06 crore, said Suprio Banerjee, Vice President, ICRA.

Aviation's deadly 2014

The loss of Indonesia AirAsia Flight QZ8501 would cap one of the deadliest years in civil aviation for almost a decade - yet experts say the industry's underlying safety record is improving.

The statistics underscore a year of tragic contrasts dominated by two Malaysian catastrophes and a handful of weather-related incidents, yet a record-low number of crashes.

SpiceJet Flights To Resume By 4 pm

Budget carrier SpiceJet's COO or chief operating officer Sanjiv Kapoor said flights would resume by 4 pm on Wednesday. The airline was forced to ground its entire fleet this morning after oil companies, which are owed money by the airline, refused to refuel its planes.

Oil firms ground SpiceJet

India's troubled airline SpiceJet has grounded flights after oil companies refused to refuel any of its planes, reports say.

The debt-ridden carrier owes money to creditors, including oil companies.

SpiceJet is India's fourth-biggest airline by market share.

Aviation ministry to press for airlines' direct import of fuel

The ministry of civil aviation is to recommend that oil marketing companies be asked to share their infrastructure with airlines, to facilitate direct import by the latter of aviation turbine fuel (ATF).

Such direct import was formally allowed in February 2012 but the aviation companies lack the infrastructure to do so. A senior official at the ministry said, “We are looking at measures by means of which oil companies can share their infrastructure for transporting the fuel. This can be done at an agreed cost.”

Malaysia Airlines plane search LIVE: Aircraft pieces found on Andhra coast?

5:35 pm: Search for missing plane narrowed down by Australia 

The Australian Maritime Safety Authority (AMSA) said Wednesday that the search operation for the Malaysian airliner that went missing March 8 is being conducted in a smaller area closer to the Western Australian coast, the IANS reported. 

The development reportedly comes after the search operation conducted by Australia Tuesday found no result relevant to the missing passenger jet. 

Malaysian prime minister says,Missing jetliner deliberately diverted

Someone deliberately diverted Malaysia Airlines Flight 370 and shut down communications with the ground, and the jetliner continued flying for six hours, Malaysia's prime minister said Saturday. The announcement shifted the focus of the investigation to the crew and passengers on the plane, which has now been missing for more than a week.