Domestic air passenger traffic grew 15 per cent year-on-year to around 129 lakh in December 2022 but remained 1 per cent lower than the pre-pandemic level (December 2019), rating agency Icra said on Thursday.
Icra has also maintained a ‘Negative’ outlook on the Indian aviation industry.
In the April-December period of the current fiscal, domestic passenger traffic is estimated at around 986 lakh, registering around 63 per cent year-on-year growth and lower by approximately 9 per cent compared to April-December 2019 (pre-COVID levels), it said.