{"id":623252,"date":"2023-12-20T09:57:18","date_gmt":"2023-12-20T04:27:18","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=623252"},"modified":"2023-12-20T10:40:37","modified_gmt":"2023-12-20T05:10:37","slug":"air-passenger-traffic-accelerates-thanks-to-increased-demand-for-air-travel-enhanced-airport-infrastructure","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/air-passenger-traffic-accelerates-thanks-to-increased-demand-for-air-travel-enhanced-airport-infrastructure\/","title":{"rendered":"Air passenger traffic accelerates \u2013 Thanks to increased demand for air travel, enhanced airport infrastructure"},"content":{"rendered":"<p>The Indian airline industry is anticipated to significantly reduce its net losses to Rs 3,000-5,000 crore in the current fiscal year, down from an estimated Rs 17,000-17,500 crore in FY2023. This positive outlook is attributed to improved yields and a stable cost environment, as stated by credit ratings agency ICRA. <\/p>\n<p>ICRA also projects a growth of 8-13 per cent in domestic air passenger traffic for both FY2024 and FY2025. The agency maintains a stable outlook for the industry, considering healthy passenger traffic growth, improved yields, and a stable cost environment.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Indian airline industry is anticipated to significantly reduce its net losses to Rs 3,000-5,000 crore in the current fiscal year, down from an estimated Rs 17,000-17,500 crore in FY2023. This positive outlook is attributed to improved yields and a stable cost environment, as stated by credit ratings agency ICRA. ICRA also projects a growth of 8-13 per cent in domestic air passenger traffic for both FY2024 and FY2025. The agency maintains a stable outlook for the industry, considering healthy passenger traffic growth, improved yields, and a stable cost environment.<\/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":[196,130,138],"tags":[],"class_list":["post-623252","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\/623252","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=623252"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/623252\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=623252"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=623252"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=623252"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}