Airlines in India demonstrates exceptional momentum in 2026, outpacing the broader Asia Pacific region supported by expanding route networks, rising consumer demand and continued investment in connectivity. Network diversification remains a key growth driver, with airlines increasingly developing direct links to emerging domestic and international destinations as demand expands beyond traditional aviation corridors. Airlines are also adapting to diverging traveller preferences, with some prioritising affordability while others seek greater comfort and service. At the same time, capacity expansion and airport infrastructure upgrades are supporting broader market access and improved connectivity. Looking ahead, network-led expansion, differentiated product offerings and technology-enabled operational improvements are expected to shape future growth, with airlines that successfully combine connectivity, efficiency and customer-focused innovation likely to be best positioned to capture evolving demand.
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Overview:
Understand the latest market trends and future growth opportunities for the Airlines industry in India with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Airlines industry in India, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Airlines in India report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Airlines in India?
- Which are the leading companies in Airlines in India?
- How are companies responding to the travel restrictions?
- Which travel sectors are proving the most resilient?
- What are companies doing to innovate and future-proof?
Key Data Insights
Key Industry Trends
Network expansion drives robust growth as airlines open new routes
Airlines adapt to diverging demand for affordability and enhanced comfort
Capacity expansion and airport infrastructure upgrades support future growth
Chart 1 Airlines Sales: Value 2021-2031
Network-driven expansion is set to strengthen connectivity beyond traditional hubs
Value-conscious travellers are expected to drive demand for differentiated products
Technology-led transformation is poised to improve efficiency and customer experience
Chart 1 Forecast Airlines Sales: Value 2021-2031
Air India and IndiGo maintain leadership in a highly concentrated airlines market
Service differentiation and network strength reinforce competitive positioning
Chart 1 Airlines GBO Company Shares: % Value 2021-2026
Network flexibility and broader connectivity drive airline innovation
Noida International Airport and Air India showcase evolving network strategies
Product differentiation becomes increasingly important across passenger segments
Chart 1 Real GDP Growth 2021-2031
Chart 2 Inflation 2021-2031
Chart 1 Population 2021-2031
Chart 2 Population by Generation 2026
Chart 3 Consumer Expenditure 2021-2031
Country Reports Disclaimer
The following categories and subcategories are included:
Airlines
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- Low Cost Carriers
- Full Service Carriers
- Non-Scheduled Carriers
- Passenger Revenue
- Ancillary Revenue
- Domestic Airlines
- International Airlines
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- Airlines Online via Direct
- Airlines Online via Intermediaries
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- Airlines Offline via Direct
- Airlines Offline via Intermediaries
Airlines
Airlines covers sales made to country residents (outbound and domestic tourists) and excludes sales to incoming tourists. Please note that airlines sales made to country residents when they are travelling abroad or through foreign websites or apps are also included and will be considered under the country of residence. The total amount paid for a flight after taxes and other charges is included. The return flight leg is included as well as the total amount paid for a flight ticket. Value sales exclude all forms of transit. Euromonitor International considers airline capacity and passengers carried in terms of enplanement based on scheduled flights. A passenger whose flight stops mid-route to pick up more passengers but continues with the same aircraft/flight number would be counted as one enplanement. A passenger who switches flights to another airline or aircraft with a new flight number mid-journey would be considered as two enplanements. Enplanements are not the same as number of seats sold or seat bookings, as the latter both include all bookings and do not exclude no-shows and cancellations. Direct transit passengers are excluded, eg those who continue on the same flight. Other transit passengers are included where passengers change plane with a new flight number. Air passengers carried relate directly to air value sales, where domestic and outbound travellers are only included. As such value and volume data in both sizes and shares is aligned and exclude the inbound component.
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Airlines research and analysis database.
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