Domestic air travel demand continued on an upward trajectory month-on-month, with the October volume witnessing a 33 per cent growth to 52 lakh passengers over September, Icra said.
On a year-on-year basis, however, the domestic travel demand declined 58 per cent and internationally the fall was 87 per cent, it said.
The Indian aviation industry has witnessed continued recovery in domestic passenger traffic in October with a sequential growth (over September) of around 33 per cent to around 52 lakh passengers, Icra said in a release on Friday.
Icra further noted that the capacity deployment in October 2020 at around 52 per cent over the same month last year, is a significant increase over the around 33 per cent capacity deployed in August and around 46 per cent capacity in September this year.