Domestic air passenger traffic grows 15% to 129L in Dec 2022: Report

| | Mumbai
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Domestic air passenger traffic grows 15% to 129L in Dec 2022: Report

Friday, 06 January 2023 | PTI | Mumbai

Domestic air passenger traffic grew 15 per cent year-on-year to around 129 lakh in December 2022 but remained 1 per cent lower than the pre-pandemic level (December 2019), rating agency Icra said on Thursday.

Icra has also maintained a 'Negative' outlook on the Indian aviation industry.

In the April-December period of the current fiscal, domestic passenger traffic is estimated at around 986 lakh, registering around 63 per cent year-on-year growth and lower by approximately 9 per cent compared to April-December 2019 (pre-COVID levels), it said. At the same time, the airlines deployed slightly higher capacity (less than 1 per cent) in the previous month over the year-ago period, the rating agency said, adding that it, however, was lower by around 7 per cent than the pre-COVID levels.

According to Icra, the domestic aviation industry operated at an estimated passenger load factor of around 91 per cent in December 2022.

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