{"id":638008,"date":"2024-03-07T09:47:19","date_gmt":"2024-03-07T04:17:19","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=638008"},"modified":"2024-03-07T10:43:43","modified_gmt":"2024-03-07T05:13:43","slug":"icra-forecasts-robust-growth-in-indian-aviation-industry-anticipates-strong-recovery-in-international-passenger-traffic","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/icra-forecasts-robust-growth-in-indian-aviation-industry-anticipates-strong-recovery-in-international-passenger-traffic\/","title":{"rendered":"ICRA forecasts robust growth in Indian aviation industry, anticipates strong recovery in International passenger traffic"},"content":{"rendered":"<p>The International Credit Rating Agency (ICRA) in a press release on Wednesday (March 6) said that the domestic air passenger traffic will exceed the pre-Covid levels of 141.2 million, reaching an estimated 150-155 million in the current fiscal. This projection indicates a growth of 8-13 percent. <\/p>\n<p>Additionally, Icra foresees a notable decrease in the industry\u2019s net loss for the upcoming two fiscal years. However, the agency acknowledges potential near-term challenges such as supply-chain issues and engine failures.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The International Credit Rating Agency (ICRA) in a press release on Wednesday (March 6) said that the domestic air passenger traffic will exceed the pre-Covid levels of 141.2 million, reaching an estimated 150-155 million in the current fiscal. This projection indicates a growth of 8-13 percent. Additionally, Icra foresees a notable decrease in the industry\u2019s net loss for the upcoming two fiscal years. However, the agency acknowledges potential near-term challenges such as supply-chain issues and engine failures.<\/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-638008","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\/638008","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=638008"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/638008\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=638008"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=638008"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=638008"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}