Domestic air passenger traffic up 59% in FY22, 40% lower than pre-pandemic level: ICRA

Domestic air passenger traffic up 59% in FY22, 40% lower than pre-pandemic level: ICRA

Domestic air passenger traffic up 59% in FY22, 40% lower than pre-pandemic level: ICRA ICRA also expects elevated Aviation Turbine Fuel (ATF) prices, aggravated by geo-political issues, to remain a near-term challenge for the industry and will be a key determinant of profitability for the sector.

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