December air traffic up 12% sequentially: Icra

Domestic air passenger traffic continued to recover in December, growing 12% month-on-month but still 45% lower year on year because of the covid-19 pandemic, rating agency Icra said in a report on Monday.

While the capacity deployed by carriers during December 2020 stood at about 67% as compared to the year ago period, it was a significant increase from about 59% capacity deployment during November, the rating agency added.

Indian airlines suspended operations for about two months between March and May, as the government had imposed travel restrictions to curb the spread of the pandemic. Airlines were allowed to resume domestic operations in late May in a calibrated manner.

However, travel appetite remains somewhat muted due to the pandemic. As things stand, Airlines in India are allowed to sell seats up to 80% of their pre-covid capacity on domestic flights.

The post December air traffic up 12% sequentially: Icra appeared first on Defence News India.

Authors

Leave a Reply

Your email address will not be published.