Related News

Lisa Su, chair and chief executive officer of Advanced Micro Devices Inc. (AMD), during a Bloomberg Television interview in San Francisco, California, US, on Monday, Oct. 6, 2025. David Paul

Tim Cook, CEO of Apple Inc., during the Apple Worldwide Developers Conference at Apple Park campus in Cupertino, California, on June 9, 2025. David Paul Morris | Bloomberg | Getty

Lip-Bu Tan, chief executive officer of Intel Corp., departs following a meeting at the White House in Washington, DC, US, on Monday, Aug. 11, 2025. Alex Wroblewski | Bloomberg |

President and CEO of NVIDIA, Jensen Huang, attends the 56th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 21, 2026. Denis Balibouse | Reuters Nvidia CEO Jensen Huang

Cheng Xin | Getty Images News | Getty Images Teradyne stock popped on Tuesday after the company beat fourth-quarter estimates thanks to strong artificial intelligence demand. The robotics company reported

Elon Musk’s rocket maker SpaceX has acquired his artificial intelligence startup xAI in a deal that will value the company at $1.25 trillion, CNBC’s David Faber has confirmed. The record-setting

Trending News

In today’s digital age, the opportunity to make money online without any initial investment is more accessible than ever before. Whether you’re a student looking to earn some pocket money,

In today’s digital world, make money online has become a dream many want to turn into reality. Whether you’re looking for a side hustle or aiming to build a full-time

JSW Cement, the building materials arm of Sajjan Jindal-led JSW Group, has reduced the size of its upcoming initial public offering (IPO) to Rs 3,600 crore and will open the

The agricultural Gross Value Added (GVA) growth is expected to moderate to 4.5% in the first quarter of FY26, down from 5.4% in the preceding quarter, according to a report

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, pulling out Rs 17,741 crore amid rising global trade tensions. According to data from NSDL, this

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

India becomes world’s 5th largest aviation market with 241 million flyers in 2024; Mumbai-Delhi ranks among busiest global air routes: IATA data

Word Count: 707 | Estimated Reading Time: 4 minutes


India becomes world’s 5th largest aviation market with 241 million flyers in 2024; Mumbai-Delhi ranks among busiest global air routes: IATA data

India has emerged as the world’s fifth largest aviation market, handling 241 million passengers in 2024, while the Mumbai–Delhi route ranked 7th among the world’s busiest airport pairs, according to the World Air Transport Statistics (WATS) released by the International Air Transport Association (IATA).India’s passenger numbers grew 11.1% over 2023, when it handled 211 million flyers, overtaking Japan, which recorded 205 million passengers, despite growing faster at 18.6%, PTI reported.“The US remains the world’s biggest aviation market with 876 million passengers in 2024 on the strength of its domestic market, growing 5.2 per cent year-on-year,” IATA said. China was the second-largest, with 741 million passengers, a jump of 18.7% over 2023.UK ranked third with 261 million flyers, followed by Spain (241 million) and India in fifth. These figures include both domestic and international passengers arriving or departing from each country.Among global airport pairs, the Mumbai–Delhi sector carried 5.9 million passengers in 2024, placing it 7th worldwide. The Jeju–Seoul (CJU–GMP) route in South Korea topped the chart with 13.2 million passengers.“Asia Pacific dominated the ranking for the world’s busiest airport pairs,” IATA noted, adding that Jeddah–Riyadh (JED–RUH) was the only non-Asia Pacific route in the top 10.Premium travel segment outpaces economy in some regionsInternational premium class travel — business and first class — grew 11.8% globally in 2024, slightly ahead of economy class growth at 11.5%. In all, 116.9 million passengers flew premium class, making up 6% of total international passengers.The Asia Pacific region led in growth with 22.8% more premium flyers year-on-year (21 million travellers). However, economy class travel in the region grew faster, up 28.6% to 500.8 million passengers.In contrast, Europe, Latin America, the Middle East and North America saw faster growth in premium than economy travel. Europe remained the largest market for international premium travel with 39.3 million passengers, while premium flyers were the highest proportionally in the Middle East at 14.7%.B737 and A320 dominate skiesIn terms of aircraft usage, Boeing’s B737 led the skies with 10 million flights and 2.4 trillion Available Seat Kilometres (ASKs) in 2024. The Airbus A320 followed with 7.9 million flights and 1.7 trillion ASKs, and the Airbus A321 came third with 3.4 million flights and 1.1 trillion ASKs.ASK is a key metric used in aviation to measure passenger-carrying capacity.





Source link

Most Popular Articles