New Delhi: Domestic air passenger traffic growth is likely to contract 15-17% in April as the spike in covid-19 infections and fresh restrictions imposed by states are set to delay recovery in travel demand, rating agency Icra said in a report on Wednesday.
“Post resumption of airport operations from 25 May 2020, the ramp up in domestic passenger traffic had been steadily reaching 64% of previous year levels in February 2021. Considering a similar trend, domestic traffic was expected to grow at 125% in FY2022 after an estimated de-growth of 61% in FY2021,” it said.
However, the spike in covid-19 cases towards March end and early April has resulted in several state governments implementing fresh restrictions, it added.
