Domestic air traffic to rise to 164-170 million in FY25: ICRA
NEW DELHI [Maha Media]: Domestic air traffic is projected to rise 7-10 per cent to 164-170 million in the current fiscal year, while the aviation industry's loss is pegged at Rs 2,000-3,000 crore during the same period, according to rating agency Icra.
In the first half of 2024-25, Icra said domestic air passenger traffic stood at 79.3 million, marking a 5.3 per cent annual growth that was partly impacted by the severe heat wave and other weather-related disruptions.
The international passenger traffic growth for Indian carriers increased and stood at 16.2 per cent in the first half of the current financial year.