Air India ‘bullish’ on long-haul travel
2 months, 1 week ago

Air India ‘bullish’ on long-haul travel

The Hindu  

Air India Group, which completes three years of privatisation this month, has recorded the fastest growth in market share on far-flung international destinations such as the U.S., Europe and Australia. In comparison, the passenger share of the Group, including the low-cost carrier Air India Express, has grown by 4% to 30% on domestic routes, while short-haul international routes have seen a modest increase of 1%. Air India’s focus on long-haul markets is complemented by its efforts to grow traffic on metro-to-metro routes domestically, where the Group is the second biggest with a 30% market share. Air India earned nearly 50% of its total revenue on these routes at $16 billion of the total $34 billion earned in the financial year 2024 although passengers flown to these destinations accounted for only 11.7% of the total 222 million or 26 million passengers.

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