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Domestic air traffic to decline by 41-46% in FY21 due to COVID impact: Icra

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MUMBAI : The recommencement of commercial passenger flight services in a graded manner is unlikely to help the domestic aviation industry recover in the current financial year with domestic air traffic expected to shrink by 41-46% and international travel demand by a negative 67-72% year-on-year owing to COVID-19, a report said on Friday.The domestic passenger flight services restarted from May 25 after a two months hiatus due to the lockdown in the wake of coronavirus pandemic.

The international operations, however, remained suspended since March 22 for similar reasons. The government on Friday extended the suspension of scheduled international flights till July 30.

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