Domestic air traffic marginally came down in April: ICRA ...Middle East

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Chennai: The domestic air passenger traffic last month marginally came down to about 132.8 lakh from about 133.7 lakh logged in March 2024, said ICRA in a research report. ICRA report also said the domestic aviation industry is likely to close FY25 with a net loss of Rs 30-40 billion in FY2025. According to the report, the April 2024 domestic air passenger traffic was higher by about 3.1 per cent on a year-on-year (YoY) basis and by about 21 per cent than pre-Covid levels. For FY2024, domestic air passenger traffic was about 154 million with YoY growth of about 13 per cent, in line with its estimates, ICRA said. The domestic air passenger traffic in FY2024, thus, surpassed the pre-Covid lev

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