{"id":545356,"date":"2022-12-29T11:43:29","date_gmt":"2022-12-29T06:13:29","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=545356"},"modified":"2022-12-29T11:43:29","modified_gmt":"2022-12-29T06:13:29","slug":"air-passenger-traffic-to-reach-93-of-pre-pandemic-levels-in-fy23-report","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/air-passenger-traffic-to-reach-93-of-pre-pandemic-levels-in-fy23-report\/","title":{"rendered":"Air passenger traffic to reach 93% of pre-pandemic levels in FY23: Report"},"content":{"rendered":"<p>Bouyant on the festive season and growth in international travel, air passenger traffic is expected to reach 93% of the pre-pandemic levels in FY23 and surpass the pre-Covid levels in FY24.<\/p>\n<p>The FY23 growth would be about 70% on a year-on-year basis and would mark a \u2018V-shaped\u2019 recovery for the sector, according to a report by CareEdge Ratings.<\/p>\n<p>A full recovery in international traffic is expected by early FY24, combined with steady domestic traffic growth. On an overall basis, passenger traffic is expected to surpass the pre-Covid level by 1.12 times in FY24. However, the recurrence of Covid-19 and its impact on air travel would be the key monitorables.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bouyant on the festive season and growth in international travel, air passenger traffic is expected to reach 93% of the pre-pandemic levels in FY23 and surpass the pre-Covid levels in FY24. The FY23 growth would be about 70% on a year-on-year basis and would mark a \u2018V-shaped\u2019 recovery for the sector, according to a report by CareEdge Ratings. A full recovery in international traffic is expected by early FY24, combined with steady domestic traffic growth. On an overall basis, passenger traffic is expected to surpass the pre-Covid level by 1.12 times in FY24. However, the recurrence of Covid-19 and its [&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":[196,130,138],"tags":[],"class_list":["post-545356","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/545356","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=545356"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/545356\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=545356"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=545356"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=545356"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}