Domestic air passenger traffic grows marginally at 2.2% y-o-y in January: DGCA

The domestic air traffic continues to grow at a snail’s pace, with passengers transported in January growing 2.2% year-on-year (y-o-y) to 127.83 lakh. Domestic airlines appear to be saddled with excess capacity, with the passenger load factor of most airlines being lower in January compared with December 2019.

In a slowing growth scenario, domestic traffic had increased marginally by 3.74% y-o-y during January-December 2019. Last year, growth had remained muted even during the holiday season, which typically sees a pick-up.