New Delhi: The home air passenger site visitors for March has been estimated at 148.8 lakh, upper by way of 11.3 according to cent on an annual foundation and 5.9 according to cent upper than 140.4 lakh in February 2025, a document stated on Thursday.
For FY25 (April 2024-March 2025), the home air passenger site visitors was once 1,657.1 lakh, a YoY expansion of 7.8 according to cent and 17.1 according to cent upper than the pre-Covid degree of 1,415.6 lakh in FY20, consistent with a document by way of credit standing company ICRA.
The outlook for the Indian aviation business stays solid, pushed by way of expectancies of reasonable expansion in home air passenger site visitors and a reasonably solid value atmosphere in FY26, it added.
In the 11 months of FY25, the global passenger site visitors for Indian carriers stood at 309.5 lakh with a YoY expansion of 14.6 according to cent — upper than the pre-Covid degree of 218.1 lakh by way of 41.9 according to cent.
According to the document, the airways’ capability deployment in March 2025 was once upper than March 2024 by way of 8.5 according to cent and 10.7 according to cent over February 2025.
This was once in keeping with ICRA’s estimates of 7-10 according to cent YoY expansion for FY25. It is estimated that the home aviation business operated at a passenger load issue (PLF) of 88.2 according to cent in March 2025, towards 86.0 according to cent in March 2024, and 87.0 according to cent for FY25 — towards 88.0 according to cent in FY24.
From April 2024-March 2025, the ATF costs had been decrease on a YoY foundation within the months of April, June, September, October, January and March 2025, leading to moderate ATF costs in FY25 being decrease by way of 8 according to cent on a YoY foundation.
The ATF costs additional declined in April 2025 by way of 6.1 according to cent sequentially and remained decrease by way of 12.9 according to cent on YoY foundation, the document discussed.
“The airlines’ efforts to effect fare hikes, proportionate to their input cost increase, will be the key to expand their profit margins,” it added.