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Domestic Air Traffic Rose In 2021-22, Yet 40% Lower Than Pre-Pandemic Level: ICRA


Domestic air passenger visitors rose in 2021-22

Mumbai:

India’s home air passenger visitors is estimated to have grown by round 59 per cent year-on-year to 84 million in 2021-22, though it’s nonetheless about 40 per cent decrease as in comparison with the pre-pandemic degree, credit score scores company ICRA mentioned on Monday.

It additionally expects elevated aviation turbine gas (ATF) costs, aggravated by geo-political points, to stay a near-term problem for the trade and will probably be a key determinant of profitability for the sector. On a sequential foundation, home passenger visitors spiked about 37 per cent to 10.6 million in March, pushed by a close to to normalcy in airline operations owing to waning of influence of the pandemic, ICRA famous.

The passenger visitors on native air routes was 7.7 million in February 2022, it added.          

Traffic development in March this 12 months stood at 35 per cent as in comparison with over 7.8 million within the year-ago month, ICRA famous additional.          

Airlines’ capability deployment for March 2022 registered a development of 12 per cent at 80,217 departures as in comparison with over 71,548 departures clocked in the identical month of final 12 months, ICRA mentioned.

Domestic departures logged 42 per cent development in March this 12 months over the earlier month, pushed by elevated tempo of vaccination and fast abatement of the third wave of COVID-19, which allowed for fast lifting of journey restrictions, the scores company mentioned.

“Domestic passenger visitors for 2021-22 is estimated at round 84 million, y-o-y  development of 59 per cent, marginally increased than our estimate of 80-82 million, though it’s round 40 per cent decrease than pre-COVID ranges,” Vice President and Sector Head of ICRA Suprio Banerjee mentioned.

For March this 12 months, the typical day by day departures had been at round 2,588, increased than the typical day by day departures of round 2,308 in March 2021, and notably increased in comparison with round 2,023 in February 2022, he mentioned.



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