Domestic air passenger traffic registers 60% YoY growth, only short of 4% compared to pre-Covid levels

For FY2023, domestic passenger traffic is estimated at 1360 lakh and marginally higher than ICRA’s estimates of 1300-1350 lakh. For FY2023, the overall airlines’ capacity deployment was higher by 38 per cent as compared to FY2022. For March 2023, domestic air passenger traffic has been estimated at 130 lakh, 8 per cent higher than 121 lakh in February 2023.