MUMBAI: Domestic air travel demand contracted by 41 per cent year-on-year to around 76 lakh passengers in January with sequential growth also slowing down to 3.5 per cent during the month over December 2020, a report said on Monday.
Indian carriers had flown a total of 1.27 crore passengers on domestic routes in January 2020.
Indian aviation industry has witnessed a continued recovery in domestic passenger traffic in January 2021. However, the pace of growth slowed down in the reporting month, with a sequential growth (over December 2020) of around 3.5 per cent to around 76 lakh passengers, rating agency Icra said in a release.
On a y-o-y basis, however, domestic passenger traffic declined by around 41 per cent in January over the same month of 2020, it added.
The capacity deployment in the previous month at around 71 per cent is a significant increase over the 59 per cent capacity deployed in November last year and around 67 per cent in December, Icra said.
