The international air passenger transport receipts in India are forecasted to grow from $759.46 million in 2024 to $891.39 million by 2028. In 2023, the receipts stood at $725 million. Year-on-year, there are consistent increases: 4.41% in 2025, 4.19% in 2026, 4.00% in 2027, and 3.79% in 2028. The Compound Annual Growth Rate (CAGR) over the next five years is projected at 3.99%.
Future trends to watch include the impact of economic growth on travel demand, the influence of geopolitical stability in the region, fluctuations in fuel prices, advancements in aviation technology, and the evolving preferences of air travelers, particularly in the context of post-COVID-19 travel norms.
