Airlines to Secure 50% International Market Share by FY28

The anticipated rise in airlines' market share reflects the industry's resilience and adaptability in the face of challenges posed by the COVID-19 pandemic. Despite temporary setbacks and disruptions to air travel, airlines are poised for a strong recovery, supported by gradual easing of travel restrictions and resumption of international flights.

The projected increase in airlines' market share underscores the pivotal role of air travel in facilitating global mobility, trade, and tourism. As economies recover and international travel rebounds, airlines are expected to capitalise on growing passenger demand and expand their presence in key markets across the globe.

Efforts to enhance operational efficiency, adopt digital technologies, and improve passenger services are likely to contribute to airlines' market growth and competitiveness in the international aviation landscape. Moreover, strategic partnerships, route expansions, and fleet modernisation initiatives are anticipated to further bolster airlines' market positioning and revenue generation capabilities.

The projection of airlines securing a 50% market share in international passenger traffic by FY28 presents significant opportunities for the aviation industry and related stakeholders. This growth trajectory is expected to drive investments in airport infrastructure, aircraft manufacturing, and ancillary services, stimulating economic activity and job creation in the aviation sector.

However, achieving the targeted market share will require concerted efforts from airlines, governments, and regulatory authorities to address operational challenges, ensure safety and security standards, and promote sustainable aviation practices. Collaborative initiatives aimed at harmonising international air transport regulations and fostering a conducive business environment will be instrumental in realising the full potential of the aviation industry's growth ambitions.

In conclusion, the projection of airlines attaining a 50% market share in international passenger traffic by FY28 underscores the sector's resilience and growth potential in a post-pandemic world. As air travel rebounds and global connectivity expands, airlines are poised to play a central role in driving economic recovery, fostering tourism, and facilitating cross-border exchanges.