The Rise in the Price of Aviation Turbine Fuel Is a Concern, Says ICRA
According to the credit rating agency ICRA, the domestic air passenger traffic grew by 15-16% at around 104-105 lakhs in November 2021. There is also a year-on-year growth of 64%. About 80,750 flight departures happened in November 2021, against 54,132 departures in November 2020. On a sequential basis, the number of departures in November 2021 was higher by 12%, as COVID-19 infections demonstrated a downward trajectory. For November 2021, the... Read More