Foreign fliers on Indian airlines in May outnumber pre-Covid levels: ICRA

Foreign fliers on Indian airlines in May outnumber pre-Covid levels: ICRA

Indian airlines carried 24 percent more international passengers in May 2022 when compared to May 2019, ICRA said in its report.





June 07, 2022 / 01:58 PM IST





Credit rating agency ICRA on June 7 said that the international passenger traffic for Indian carriers in May 2022 surged to 2.2 millions, which is higher than the number of people travelled before the pandemic, after the resumption of scheduled international operations since March 27.

Indian airlines carried 24 percent more international passengers in May 2022, compared to May 2019, ICRA said in its report.

However, domestic air traffic in May 2022 was 7 percent lower than pre-Covid levels, compared to May 2019. For May 2022, domestic passenger traffic in India is estimated at 11.4 million, ICRA said.

The airlines’ capacity deployment for May 2022 was 2.1 times higher than in May 2021 as there were 86,289 departures in May 2022 as against 27,725 departures in May 2021.

On a sequential basis, the number of departures in May 2022 was higher by around 6 percent when compared to April 2022, given the near normalcy seen in business operations, ICRA said.



"Though recovery in passenger traffic is expected to be relatively fast-paced in 2022-23, given the near normalcy situation