In terms of market size, the Indian civil aviation industry is amongst the top 10 in the world with a size of around US$ 16 billion. India's scheduled airlines carried 67.73 million passengers in 2014 compared with 61.42 million passengers in 2013, and 58.81 million in 2012, according to the DGCA. The domestic passengers carried by Air India were 12.42 million while the private carriers took in .95 million passengers.
The market share of Air India remained at 18.4 per cent while for the private airlines it was 81.6 per cent.The airlines are projected to record a collective operating profit of Rs 8,100 crore (US$ 1.29 billion) in fiscal year 2016.. Aircraft movements, passengers and freight at all Indian airports are expected to grow at a rate of 4.2 per cent, 5.3 per cent and 5 per cent, respectively, for the next five years, according to estimates by Airports Authority of India (AAI).In India's airports sector, total passenger traffic stood at a 169 million in FY14, registering an increase of 5.9 per cent.
Domestic passenger traffic expanded at a compound annual growth rate (CAGR) of 11.6 per cent over FY06-14. It is expected to touch 209 million by FY17. International passenger traffic posted a CAGR of 9.6 per cent over FY06-14 and is set to touch 60 million by FY17.
Total freight traffic registered a CAGR of 6.2 per cent over FY06-14. Domestic freight traffic increased at a CAGR of 7.1 per cent over FY06-14 while international freight traffic rose 5.8 per cent over the same period.