New Delhi, Oct 8
Domestic air passenger traffic reached nearly 132.3 lakh in the month of September, up by 0.8 per cent compared to 131.3 lakh in August, a report showed on Tuesday.
The domestic passenger traffic data witnessed a year-on-year growth of 8.1 per cent, compared to 122.5 lakh in September last year, as per data by credit rating agency ICRA.
For the first half of current fiscal (FY25), domestic air passenger traffic was 795.5 lakh, a YoY growth of 5.6 per cent and 12.9 per cent higher than the pre-Covid level of 704.4 lakh in H1 FY2020.
In the first five month of FY25, the international passenger traffic for Indian carriers stood at 135.9 lakh, with a YoY growth of 15.7 per cent and higher than the pre-Covid level of 92.2 lakh by 48.7 per cent.
The International passenger traffic for Indian carriers is expected to grow by 15-20 per cent in FY25.
“The outlook for the Indian aviation industry remains stable, driven by expectations of moderate growth in domestic air passenger traffic and a relatively stable cost environment in FY25,” said the report.