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Tag : Domestic passenger traffic

Aviation

ICRA Report on Aviation Industry Monthly Domestic Passenger Traffic Data for August 2023

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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...
Aviation

Indian Aviation Industry Gradually Moving Out of a Turbulent Phase; Outlook Revised to Stable from Negative: ICRA

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      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...
Aviation

Great Start to the Year 2023, Mumbai International Airport Witnessed Surge in Passenger Movement in January

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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....
Aviation

ICRA Comments on Aviation Industry Monthly Domestic Passenger Traffic Data for November 2022 

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“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...
Aviation

Turbulence-Free Operations Supported Healthy Ramp Up in Air Passenger Traffic: ICRA

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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...
Aviation

Domestic Aviation Witnesses Demand Recovery in FY2023; However, Cost Pressures to Constrain Earnings

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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,...