{"id":350378,"date":"2020-05-08T11:22:22","date_gmt":"2020-05-08T05:52:22","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=350378"},"modified":"2020-05-08T11:54:18","modified_gmt":"2020-05-08T06:24:18","slug":"passenger-traffic-to-witness-de-growth-in-fy2021-icra","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/passenger-traffic-to-witness-de-growth-in-fy2021-icra\/","title":{"rendered":"Passenger traffic to witness de-growth in FY2021: ICRA"},"content":{"rendered":"<p>Domestic passenger traffic is expected to witness a de-growth of 41-46 per cent in FY2021 with first half of FY2021 witnessing a sharper de-growth followed by some recovery in second half of FY2021, as the airlines resume operations in a phased manner from June 2020.<\/p>\n<p>Furthermore, the impact of the Covid-19 outbreak will last longer on international travel than domestic travel. Thus, ICRA expects the FY2021 international passenger growth for Indian carriers to witness a significant Y-o-Y de-growth of 67-72 per cent. As the operations of the airlines have been shut from March 25 till at least May 17, there is a complete loss of revenues.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Domestic passenger traffic is expected to witness a de-growth of 41-46 per cent in FY2021 with first half of FY2021 witnessing a sharper de-growth followed by some recovery in second half of FY2021, as the airlines resume operations in a phased manner from June 2020. Furthermore, the impact of the Covid-19 outbreak will last longer on international travel than domestic travel. Thus, ICRA expects the FY2021 international passenger growth for Indian carriers to witness a significant Y-o-Y de-growth of 67-72 per cent. As the operations of the airlines have been shut from March 25 till at least May 17, there [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-350378","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/350378","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=350378"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/350378\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=350378"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=350378"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=350378"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}