{"id":346219,"date":"2020-04-10T11:18:25","date_gmt":"2020-04-10T05:48:25","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=346219"},"modified":"2020-04-10T11:18:25","modified_gmt":"2020-04-10T05:48:25","slug":"indias-air-passenger-traffic-records-3-5-negative-growth-in-fy20-icra","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indias-air-passenger-traffic-records-3-5-negative-growth-in-fy20-icra\/","title":{"rendered":"India&#8217;s air passenger traffic records 3-5% negative growth in FY&#8217;20: Icra"},"content":{"rendered":"<p>Mumbai: The country&#8217;s air passenger traffic registered a negative growth of 3-5 per cent in the last fiscal as traffic slowed even before the coronavirus outbreak due to multiple reasons, including closure of Jet Airways, according to rating agency IcraNSE 8.79 %. The agency, on Thursday said the de-growth was largely driven by higher airfares in the wake of large scale flight cancellations following shutting down of Jet AirwaysNSE 4.85 % and overall sluggishness in demand.<\/p>\n<p>Jet Airways stopped operations in April last year.<\/p>\n<p>A gradual recovery in domestic traffic is expected once the commercial air services are restored while the international traffic would take a couple of quarters to come back to the normal level, the agency said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai: The country&#8217;s air passenger traffic registered a negative growth of 3-5 per cent in the last fiscal as traffic slowed even before the coronavirus outbreak due to multiple reasons, including closure of Jet Airways, according to rating agency IcraNSE 8.79 %. The agency, on Thursday said the de-growth was largely driven by higher airfares in the wake of large scale flight cancellations following shutting down of Jet AirwaysNSE 4.85 % and overall sluggishness in demand. Jet Airways stopped operations in April last year. A gradual recovery in domestic traffic is expected once the commercial air services are restored while [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[192,130,136],"tags":[],"class_list":["post-346219","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/346219","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=346219"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/346219\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=346219"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=346219"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=346219"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}