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Domestic air traffic growth to be flat in March as covid cases spike: Icra

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domestic air traffic, was eventually lifted after two months in May.In lines with Icra’s estimates of about 62-64% decline in domestic passenger traffic in FY2021, domestic passenger traffic is pegged at 53.4 million in FY (financial year) 2021, the report said adding that domestic air passenger traffic in March 2021 witnessed a marginal sequential decline of about 1% to about 78.3 lakh due to rising number of cases and resulting travel restrictions imposed by various states.Domestic passenger traffic in March 2021 has been estimated at about 77-78 lakh, implying a flat growth on an annual basis as compared to March 2020, which had witnessed an annual decline of 33.1% in domestic passenger traffic, it added.Icra expects domestic air traffic.

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