Domestic Air Passenger Traffic Remains Significantly Lower in Contrast to Pre-Pandemic Period
The growth in December was recorded at 5% - 6% over November 2021 on a sequential basis. It also stated that during this period Indian airlines had flown a total of about 105 lakh passengers. In addition to this, the daily departures in the month of December 2021 stood at 2,800 which is significantly higher than 2,065 in December 2020 and 2,700 in November 2021.
- The growth in December was recorded at 5% - 6% over November 2021 on a sequential basis.
- The average number of passengers per flight in December 2021 remained at 129 as compared to 130 the previous month.
- Aviation Turbine Fuel (ATF) prices has also witnessed a steep 49% surge year-on-year basis until January 2022.
A report from rating agency ICRA suggests that domestic air passenger traffic in the country stayed 44% down to 111 lakhs in April to December of 2021 in comparison to the same time period of the financial year 2020 but saw a jump of 52% when compared to December 2021. The rating agency said that the domestic air passenger traffic lingered at 73 lakhs in December 2020. The report also stated that the fast-spreading Omicron variant of Coronavirus and the restrictions that will be followed because of it are going to be the primary near-term challenges for the airline industry in India.
Upcoming Greenfield Airports in India to Cater for the Needs of Growing Air Passenger Traffic
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