Airline sector on revival mode: Jyotiraditya Scindia
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Civil Aviation Minister Jyotiraditya Scindia has said the airline sector is on a revival mode with 3.82 lakh passengers travelling daily by airlines in the last seven days and hoped that the total passenger traffic would rise to 40 crore by 2023-24. The number of air passengers was 14.50 crore in 2018-19. The traffic fell to 8.38 crore in 2021 due to the Covid-19 pandemic.
Further, he said Rs 1 lakh crore of investments would be made in green and brownfield airports in the country in the next 2-3 years by both AAI and the private sector. He also defended the government's move to lease out airports to private entities saying the profitability of the Airports Authority of India (AAI) will increase due to this.
He stated the government has brought about a paradigm shift, a structural change in the sector in the last two years and will focus on inclusion, access and affordability to increase demand. The democratisation of Civil Aviation has taken place in the last 7 years. Earlier, it was limited to only a few people,' he said, adding earlier only big cities had airports and 66 new airports were added during the Modi government's term. The total number of air passengers increased from 6.70 crore in 2013-14 to 14.50 crore in 2018-19. The number of planes too increased from 400 from 2013-14 to 710 by 2018-19.
