Air passenger volume likely to double to 400 mn in next 10 years: Scindia
Growth opportunities for airlines are tremendous as passenger volume will double from 200 million currently to 400 million over the next seven to 10 years”, said Jyotiraditya Scindia, Union Minister for Civil Aviation on Tuesday.
Speaking at an ASSOCHAM event on CEOs’ Roundtable discussion, the Minister said that aviation is competing closely with the railways in the air-conditioned segment.
“The railways today carries 125 million passengers in 1st and 2nd AC, airlines on the other hand carried 144 million domestic travellers before the pandemic and in the next 5 to 10 years, civil aviation will carry the bulwark of transportation for this limited section,” the Minister said.
