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Domestic passenger traffic declines 65-67% in May compared to April: ICRA

For May 2021, India’s domestic passenger traffic is estimated at ~19-20 lakh, implying a sequential decline of ~65-67% compared to ~57.3 lakh in April 2021. With this, the domestic passenger traffic reached lower than the June-July 2020 levels. The airlines’ capacity deployment for May 2021 was lower by ~54-55% compared to April 2021 (~27,700 departures […]Continue Reading