Monthly Domestic Passenger Traffic Data for March 2024: ICRA
The domestic air passenger traffic is estimated at ~154 million for FY2024, which represents a YoY growth of ~13%, in line with ICRA’s estimates. Further,...
Tag : Domestic passenger traffic
ICRA Report on Aviation Industry Monthly Domestic Passenger Traffic Data for August 2023
The domestic air passenger traffic was estimated at ~124.8 lakh, ~3.2% higher than ~121.0 lakh in July 2023. Further, it witnessed a YoY growth of...
Indian Aviation Industry Gradually Moving Out of a Turbulent Phase; Outlook Revised to Stable from Negative: ICRA
Domestic passenger traffic to witness 8-13% YoY growth in FY2024 and surpass pre-Covid levels Industry[1] net loss to decline significantly to Rs. 50-70 billion in FY2024 from an...
Great Start to the Year 2023, Mumbai International Airport Witnessed Surge in Passenger Movement in January
Being the second busiest airports in the country, Mumbai’s Chhatrapati Shivaji Maharaj International Airport (CSMIA) has recorded nearly 4.5 million passenger movements in January 2023....
ICRA Comments on Aviation Industry Monthly Domestic Passenger Traffic Data for November 2022
“The domestic aviation industry continues to witness recovery, with domestic passenger traffic for November 2022 estimated at ~117 lakh, ~3% higher compared to ~114 lakh...
Turbulence-Free Operations Supported Healthy Ramp Up in Air Passenger Traffic: ICRA
Highlights: Domestic passenger traffic increased by 3% on a month-on-month (MoM) basis (+13% YoY) in November 2022 supported by resilient passenger demand and onset of...
Domestic Aviation Witnesses Demand Recovery in FY2023; However, Cost Pressures to Constrain Earnings
Industry is expected to report net loss of Rs. 150-170 billion in FY2023; domestic passenger traffic to reach pre-Covid levels by FY2024 Elevated ATF prices,...
International Passenger Traffic Continues to Remain Strong in June 2022: ICRA
Highlights: International traffic reached 79% of pre-Covid levels in June 2022 and is expected to reach 90-92% of the pre-Covid levels by end of FY2023...