The aviation market of US-India nearly grows up by 10 percent

  • Posted on December, 1, 2022

The aviation market of US India nearly grows up by 10 percent

Research by an Air travel group indicates an optimistic outlook for the US-India aviation market as the sale of air tickets for US-India flights grew up with close to 10 percent for December 2022 and January 2023 compared to the same period in 2019-20. The air travel market between the countries was bound to grow, but such a huge rise was unexpected. The sale of flight tickets to India has doubled in the last six years.

The winter holiday season each year is the busiest time for visiting relatives and friends. The current booking trends show confidence about the short-term future of the US-India aviation market. As the world reopened for tourism after a long period of COVID lockdowns, we observed a significant spike in travel demand for US-India flights throughout much of 2022. The CEO of an International travel network said they are very optimistic about the market’s further growth in 2023 as the surveys among American passengers also highlight the growing importance of travel.

Last month. October 2022 was a record month for the US-India business. US-India’s offline sales market share grew to a record level of 7.6 percent.

The top destinations in India from US airports for the winter holiday period are Mumbai, Delhi, Ahmedabad, Bangalore, and Hyderabad. Most number of passengers originate from New York, San Francisco, Chicago, Washington, and Los Angeles.

US based Airplane manufacturer Boeing
US-based Airplane manufacturer Boeing also expects Indian airlines to boost their capacity by at least 25 percent over the next year to cater to this growing demand in India. The plane manufacturer also said the country will be the fastest-growing aviation market with a seven percent annual growth till 2040. The growth in the Indian aviation industry will trickle down to US-India international Aviation market as well which is pegged to grow at a growth rate of 10 percent annually.

The big boom in this aviation segment will please the ears of operators dealing in the B2B and B2C segments as they will have a wider base of global customer base to cater to. The market is going to be flooded with best travel offers and travel deals online from the operators. Air operators like Tripbeam are all set to delight this over-expanding customer base with enhanced quality of services. Operators like Tripbeam are now providing passengers with a new lease of life by making it easy to book flight tickets to India.

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