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ICRA predicts robust domestic recovery for Indian aviation

ICRA predicts robust domestic recovery for Indian aviationICRA predicts robust domestic recovery for Indian aviation With the end of peak season, international passenger traffic for Indian airlines showed a decline in numbers but was in green as compared to July 2020 numbers, Investment Information and Credit rating Agency of India (ICRA) reports. In August 2022, airlines ferried 32% more passengers than the 1.98 million recorded in August 2019, ICRA said. In July 2022, this figure was 2.3 million international passengers which was 25% more than July 2019. As international flights resumed full operations on March 27, 2022, June 2022 recorded the highest number of international passengers at 4.4 million, 79% of pre-COVID levels. Domestic passenger

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