{"id":362933,"date":"2020-07-16T10:04:41","date_gmt":"2020-07-16T04:34:41","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=362933"},"modified":"2020-07-16T10:08:29","modified_gmt":"2020-07-16T04:38:29","slug":"domestic-air-passenger-traffic-expected-to-shrink-by-40-45-in-fy21-crisil","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/domestic-air-passenger-traffic-expected-to-shrink-by-40-45-in-fy21-crisil\/","title":{"rendered":"Domestic air passenger traffic expected to shrink by 40-45% in FY21: Crisil"},"content":{"rendered":"<p>Curtailed mobility of people due to the Covid-19 pandemic is expected to shrink India&#8217;s domestic air passenger traffic by 40-45 per cent in FY21, rating agency Crisil said on Wednesday. <\/p>\n<p>Similarly, India&#8217;s air passenger traffic in the international sector is expected to plunge by 60-65 per cent, Crisil Research said in a report. <\/p>\n<p>&#8220;The demand destruction can be gauged from the fact that even after resumption of domestic air services, the load factor is hovering at 50-60 per cent, with primarily unidirectional flow of traffic, limited largely to essential travel and those returning to their home cities or countries,&#8221; the report said. <\/p>\n<p>&#8220;In the milieu, Indian carriers are expected to log operating losses this fiscal despite lower crude oil prices. And with the Covid-19 pandemic still raging in much of the world, a revival to pre-pandemic levels appears unlikely even next fiscal.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Curtailed mobility of people due to the Covid-19 pandemic is expected to shrink India&#8217;s domestic air passenger traffic by 40-45 per cent in FY21, rating agency Crisil said on Wednesday. Similarly, India&#8217;s air passenger traffic in the international sector is expected to plunge by 60-65 per cent, Crisil Research said in a report. &#8220;The demand destruction can be gauged from the fact that even after resumption of domestic air services, the load factor is hovering at 50-60 per cent, with primarily unidirectional flow of traffic, limited largely to essential travel and those returning to their home cities or countries,&#8221; the [&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":[135,167,130],"tags":[],"class_list":["post-362933","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/362933","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=362933"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/362933\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=362933"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=362933"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=362933"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}