MUMBAI: The Indian airline industry is yet to cross the pre-pandemic passenger traffic numbers, but it's well on its way to recovery what with domestic passenger volumes reaching 93% of pre-Covid levels though international passenger traffic continues to struggle, touching only 81 % in November 2022, according to credit rating agency ICRA.
"Domestic passenger traffic increased by 3% on a month-on-month (MoM) basis (+13% YoY) in November 2022 supported by resilient passenger demand and onset of the peak season. Domestic traffic stood at 23.4 million, 93% of pre-Covid levels (similar period in FY2020) in November 2022," it said.
