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Tuesday, 06 February, 2018, 11 : 00 AM [IST]

India air passenger traffic records 15% y-o-y growth in November 2017: ICRA

The air passenger traffic in the India at 26.0 million in November 2017, has exhibited a healthy year-on-year (Y-o-Y) growth of 15%. Commenting on the development, Harsh Jagnani, Vice President and Sector Head for Corporate Ratings, ICRA said, “The Y-o-Y air passenger growth has remained healthy at 15% in November 2017, although there has been some moderation, as compared to 18% growth witnessed in October 2017. The growth has been driven by healthy increase in both domestic and international passenger traffic, which has exhibited a Y-o-Y increase of 17% and 11% respectively in November 2017.”  

In line with the growth in passenger traffic, the aircraft traffic has also witnessed healthy increase, reporting Y-o-Y growth of 11% for November 2017. 

 
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