Air Passenger Traffic Grows 3.3% in May 2019: ICRA
After a drop of 4.4% in April, Air passenger traffic in India has reported a growth of 3.3% in May 2019, according to ICRA report. The growth is attributed to the capacity increase of the airlines and the resulted moderation of airfare. IndiGo and SpiceJet have added around 15 and 25 aircraft in April and May 2019, registering a fleet growth of 7% and 33% respectively from March 2019. The... Read More
