Domestic air passenger traffic growth managed to remain in the green in March, but grew at just 0.14 per cent, largely due to the huge capacity reduction following the troubles at Jet Airways in the month, shows the monthly data released by the DGCA on Monday.
The cumulative traffic of 11 domestic airlines stood at 11.59 million in March compared to 11.58 million passengers a year ago, according to the data.
The March numbers are a big setback to the industry which had been clipping at over 20 per cent for more than four years in a row. After a record run-rate in high double digits, traffic has been on a lower altitude in January when it grew 9.1 percent, first single digit growth in four years, and lost the momentum further in February when the incremental growth was capped at a low 5.62 per cent.
