BENGALURU: Shares of Indian airlines InterGlobe Aviation and SpiceJet surged on Friday after regulatory data showed that passenger growth jumped 136.6% last month as the government started to ease Covid-related travel restrictions.
India had halted air travel in March 2020 as the country went into a lockdown to curb the spread of the coronavirus. Domestic flights resumed in May 2020, but air travel ever since has had some limitations as the pandemic progressed.
Domestic airlines carried 6.7 million passengers in August, compared with 2.8 million passengers in the year-ago period, the Directorate General of Civil Aviation said on Thursday.
