NEW DELHI : Domestic air passenger traffic recovered in February after a sharp decline in the previous month as more people chose to travel by air amid abating of the Omicron wave of coronavirus.
Airports in the country catered to 17.66 million passengers in the month, rising from 15.27 million in January, but lower than December’s 25.12 million, showed data from the Airports Authority of India (AAI).
Indian airports are expected to turn profitable in 2022-23, after nearly two years, driven by the resumption of scheduled international flights, and fare hikes, rating agency Icra Ltd said in a report earlier this week.
Passenger count at airports is expected to surge 68-70% to 317-320 million in the next financial year, while domestic passenger traffic is expected to climb 64-66% to hit pre-covid levels, Icra said.