Air passenger traffic in the country logged around 25 per cent month-on-month growth at 26 lakh passengers in August with airlines scaling up capacity by 27 per cent over July, rating agency Icra said on Monday. Passenger traffic on year-on-year basis, however, plunged by 77 per cent in August, Icra said.
Overall, passenger traffic grew by 19 per cent till August 31, with carriers flying over 70 lakh passengers during the period, after the resumption of services in a graded manner on domestic routes from May 25 following a two-month hiatus. The capacity deployment at around 33 per cent year-on-year was rather a slow uptick despite recommencement of operations over three months ago, it said.
