Domestic air traffic growth sluggish in August: Icra

Domestic air travel remained stagnant in August, with passenger traffic inching up by just 0.3% year-on-year to 13.17 million, according to credit rating agency Icra.

In light of the sluggish growth, Icra has revised its forecast for domestic air passenger growth in FY26 to 4-6%, down from its earlier estimate of 7-10%. The revised projection pegs the total number of domestic passengers at 172-176 million, following a 7.6% rise in FY25, which saw 165.4 million flyers.