Mumbai: Domestic air passenger volume grew 14.27 percent to 126.77 million in fiscal 2019 over the previous year, even as March posted the lowest growth rate in many years with a paltry 0.14 percent, according to the data from the DGCA.
In FY18, the passenger volume had clipped at a higher 18.3 percent to 108.68 million.
However, the March numbers came as a shocker to the airline industry as the traffic though continued to grow in green but almost flat at 0.14 percent to 11.59 million passengers up from 11.58 million a year ago, largely due to the huge capacity reduction following the troubles at Jet AirwaysNSE 5.91 % in the month, show data released by the DGCA Monday.
