Domestic traffic accounts for 69% of total airline traffic in South Asia, and India's airport capacity is projected to handle 1 billion trips annually by 2023. The Indian aviation industry has fully recovered from the pandemic shock, with air traffic movement increasing by 104.24% in the first quarter of FY 2022-23 compared to the same period last year. India is currently the 7th largest civil aviation market globally and is expected to become the third-largest within the next decade. Indigo is the largest airline company in India, and the country is projected to overtake the UK and become the world's third-largest air passenger market by 2024.