India’s domestic traffic declined around 45 per cent to about 71 lakh passengers in December last year over December 2019 even as passenger traffic was up 12 per cent sequentially over November 2020, ratings agency Icra said in a release.
The capacity deployment in December 2020 at around 67 per cent (vis-a-vis December 2019) is a significant increase over the 52 per cent capacity deployed in October 2020 and 59 per cent in November, Icra said in a release.
The Indian aviation industry has witnessed a continued recovery in domestic passenger traffic in December 2020, with a sequential growth (over November 2020) of around 12 per cent to about 71 lakh passengers, the ratings agency said. The number of flights departing has also gradually increased from 416 from the resumption of domestic operations on May 25, 2020 to 2,230 on Day 219 (December 28, 2020), Kinjal Shah, Vice President, Icra said.
