{"id":393384,"date":"2021-01-05T10:07:46","date_gmt":"2021-01-05T04:37:46","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=393384"},"modified":"2021-01-05T10:07:46","modified_gmt":"2021-01-05T04:37:46","slug":"airlines-passenger-traffic-to-rebound-in-fy22-says-icra","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/airlines-passenger-traffic-to-rebound-in-fy22-says-icra\/","title":{"rendered":"Airlines passenger traffic to rebound in FY22, says Icra"},"content":{"rendered":"<p>India\u2019s air passenger traffic is expected to rebound in the next fiscal year though it will widely lag the levels seen in FY16, credit rating agency Icra said in a statement on Monday.<\/p>\n<p>\u201cOwing to the low base of FY2021, rising leisure travel and gradual opening up of corporate offices, FY2022 will witness a robust YoY (year-on-year) growth of about 78% in domestic air passenger traffic and about 164% in international air passenger traffic, assuming non-availability of Covid-19 vaccine on a wide scale up to H2CY2021. However, this will still be significantly lower than even FY16 levels,&#8221; Icra added.<\/p>\n<p>\u201cIf a vaccine is launched earlier with reasonable availability, domestic air passenger traffic could witness a further upside in FY22, with an estimated growth of about 93%, and international air passenger traffic could witness an estimated growth of about 235%.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India\u2019s air passenger traffic is expected to rebound in the next fiscal year though it will widely lag the levels seen in FY16, credit rating agency Icra said in a statement on Monday. \u201cOwing to the low base of FY2021, rising leisure travel and gradual opening up of corporate offices, FY2022 will witness a robust YoY (year-on-year) growth of about 78% in domestic air passenger traffic and about 164% in international air passenger traffic, assuming non-availability of Covid-19 vaccine on a wide scale up to H2CY2021. However, this will still be significantly lower than even FY16 levels,&#8221; Icra added. \u201cIf [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[188,139,130],"tags":[],"class_list":["post-393384","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/393384","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=393384"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/393384\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=393384"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=393384"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=393384"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}