In its monthly report on the aviation industry in India, Investment Information and Credit Rating Agency (ICRA) revealed that the domestic air passenger traffic was estimated at about 131.8 lakh in May, which is about 2.3 per cent higher than about 128.9 lakh in April 2023.
According to the credit rating agency’s study, the Indian airline sector is having a smooth flight in terms of increasing passenger traffic this fiscal.
ICRA’s study on India’ air passenger traffic – In numbers
