GMR Airports June 2024 Domestic Traffic Up by 6.4% YoY

GMR Airports has released its traffic data for June 2024, highlighting a notable rise in domestic passenger traffic. The data reveals that across its airports, including Delhi and Hyderabad, domestic passenger numbers increased by 6.4% compared to the same period last year. Delhi Airport, in particular, recorded its highest single-day passenger traffic ever, with approximately 0.23 million passengers on June 16, 2024.

The month-on-month (MoM) changes in passenger traffic at Indian airports for June 2024 reflect seasonal variations impacting travel patterns. Despite an overall 8% year-on-year increase in passenger numbers, MoM data reveals fluctuations influenced by seasonal factors.

Delhi and Hyderabad airports, for instance, saw decreases of 1% and 7% respectively compared to the previous month, while Goa's Mopa Airport experienced a 20% increase. Internationally, Medan Airport in Indonesia observed an 11% decline in MoM traffic, contrasting with Cebu Airport in the Philippines, which recorded a 6% increase.

These variations highlight the dynamic nature of air travel influenced by seasonal demands and regional factors affecting passenger volumes month-to-month.

Among the airports, Delhi reported the highest passenger traffic with 6.49 million passengers in June 2024, reflecting a 9% year-on-year increase. In contrast, Medan Airport in Indonesia recorded the least traveled international traffic, experiencing an 11% decline year-on-year with 595,342 passengers.

Get the Full figures for June 2024 Here 

Air Passenger Traffic Demand in India FY 25 

ICRA forecasts robust growth in India's air passenger traffic for FY 2025, projecting a substantial 8-11% year-on-year increase to a record high of 407-418 million passengers. This surge, driven by both domestic and international travel, reflects a strong rebound in leisure and business sectors and improved connectivity to new destinations.

In FY 2024, passenger traffic already reached 376.4 million, surpassing pre-Covid levels by 10%, with ICRA anticipating a revenue growth of 15-17% year-on-year for airport operators in the upcoming fiscal year.

Get the ICRA Report Here.

GMR Airports

GMR Group is a prominent player in the global airport development sector, having established itself among the top five airport developers worldwide since entering the field in the early 2000s.

In India, the group operates major airports including Delhi International, Hyderabad International, and Goa's Manohar International Airport, while also developing a greenfield airport in Bhogapuram, Andhra Pradesh, and managing the civilian enclave at Bidar Airport, Karnataka.

Beyond India, GMR Group operates the Mactan Cebu International Airport in the Philippines and has undertaken projects to develop airports in Greece and Indonesia. Partnering with Groupe ADP, an international airport operator, GMR aims to set industry standards globally with a focus on sustainability, passenger experience, and operational excellence.