GMR Airports, which operates key Indian airports such as those in Delhi and Hyderabad, saw a sharp increase in its passenger traffic in December as more people took to the skies.
Air fares in India have been declining in the last couple of months due to lower oil prices, which has in turn spurred air travel.
The trend was clearly visible in Delhi, where December passenger numbers jumped 8% compared to December last year and 9% compared to November this year. This was despite the fact that the number of flights remained static on a year-on-year basis at 36,829, indicating that planes flew — on average — fuller this year.
