India: World’s 5th Biggest Aviation Market in 2024

India has become world’s 5th largest aviation market in 2024. Handled 211 million passengers, surpassing Japan (205 million). The dats is from source: International Air Transport Association (IATA)World Air Transport Statistics (WATS) 2024. Mumbai–Delhi was ranked 7th busiest global air route (5.9 million passengers).

Global Aviation Rankings (2024)

RankCountryPassengers (millions)Growth % (YoY)
1United States876+5.2%
2China741+18.7%
3United Kingdom261
4Spain241
5India211+11.1%
6Japan205+18.6%
Busiest Airport Pairs (2024)
  • Jeju–Seoul (South Korea): 13.2 million (world’s busiest).
  • Mumbai–Delhi: 5.9 million (7th globally).
  • Asia-Pacific dominated with 9 of top 10 routes.
  • Only Jeddah–Riyadh (Saudi Arabia) was outside Asia-Pacific.
Premium Class Travel Trends
  • Global premium passengers (Business + First class): 116.9 million (6% of total).
  • Growth: +11.8%, faster than economy (+11.5%).
  • Regional trends:
    • Asia-Pacific: 22.8% premium growth (21 million flyers).
    • Europe: Largest premium market (39.3 million).
    • Middle East: Highest share of premium travellers (14.7%).
Aircraft Usage (2024)
  • Boeing 737: 10 million flights | 2.4 trillion ASKs.
  • Airbus A320: 7.9 million flights | 1.7 trillion ASKs.
  • Airbus A321: 3.4 million flights | 1.1 trillion ASKs.
    (ASK = Available Seat Kilometres → key measure of airline capacity).

India’s Aviation Growth Pillars

Legislative Reforms

  • Protection of Interest in Aircraft Objects Bill, 2025 → aligns with Cape Town Convention, lowers leasing cost.
  • Bharatiya Vayuyan Adhiniyam, 2024 → replaces Aircraft Act, 1934; boosts Make in India in aviation.

Infrastructure Expansion

  • New greenfield airports since 2014: Shirdi, Mopa, Shivamogga; upcoming Noida (Jewar) & Navi Mumbai.
  • ₹91,000 crore CAPEX under NIP (till Nov 2024, ₹82,600 crore spent).
  • Major terminal upgrades: Varanasi, Agra, Darbhanga, Bagdogra.

Government Schemes

  • UDAN (Ude Desh ka Aam Nagrik): Boosts regional air connectivity.
  • National Civil Aviation Policy (NCAP): Supports MRO, leasing, airport development.
  • Green Airports Policy: Pushes carbon-neutral & renewable energy airports.
  • Aircraft Leasing Hub: GIFT City emerging as global aviation finance hub.

Challenges for India’s Aviation Sector

  • Infrastructure bottlenecks: Metro airports nearing full capacity; Tier-2/Tier-3 underdeveloped.
  • High Aviation Turbine Fuel (ATF) costs: Heavily taxed → uncompetitive.
  • Regulatory hurdles: Complex approval layers reduce ease of doing business.
  • Environmental concerns: Noise, emissions → push for Sustainable Aviation Fuel (SAF).
  • Skilled workforce shortage: Pilots, engineers, MRO professionals in demand.

Way Forward

  • Fuel Pricing Reform: Uniform taxation of ATF across states.
  • Sustainability Focus: Promote SAF, electric aircraft, carbon offsets.
  • Skill Development: Expand National Aviation University programs.
  • Global Hub Strategy: Develop Delhi, Mumbai, Bengaluru, Hyderabad as international aviation hubs (rivals: Dubai, Doha, Singapore).

Key Facts

  • IATA (International Air Transport Association): HQ – Montreal, Canada; founded 1945; represents 300+ airlines (83% of global traffic).
  • ICAO (International Civil Aviation Organization): UN specialized agency, HQ – Montreal, Canada.
  • Cape Town Convention (2001): International treaty regulating aircraft leasing/financing.
  • ASK (Available Seat Kilometres): Total seating capacity × distance flown (key airline efficiency metric).
  • India’s Civil Aviation Regulator: DGCA (Directorate General of Civil Aviation).
  • India is projected to become the 3rd largest aviation market by 2030, driven by rising middle-class incomes, low-cost carriers, and government initiatives like UDAN (Ude Desh ka Aam Nagrik).
  • UDAN Scheme: Launched 2016 under National Civil Aviation Policy, covers Tier-2/3 cities.
  • Chhatrapati Shivaji Maharaj International Airport (Mumbai): Only Indian airport in Top 10 busiest (2024).
  • Top global hub airports (2024): Atlanta, Beijing, Dubai, London-Heathrow.

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