DIAL has also moved court to recover the money it paid to AAI since April
AirAsia India saw an increase in market share and reported the best on- time performance (OTP) among all airlines in October
The country's busiest airports in Delhi and Mumbai saw highest footfalls on Friday as seat occupancy rose from around 60-65 per cent to over 70 per cent
Airlines flew 2.1 mn passengers in July, against 1.9 mn in June
For June, the domestic passenger traffic was 1.95 million, as against 11.2 million in June 2019, a de-growth of 83.7 per cent over the year-ago period
Hardeep Singh Puri said 39,231 passengers travelled by the flights and the number would increase further with the resumption of operations in Andhra Pradesh and West Bengal
What happens after the initial pent-up demand for air travel wanes?
In the forecast, Icra has included an aggregate of all the five private sector players -- IndiGo, SpiceJet, GoAir, Vistara and AirAsia India -- to make the balance sheet
The International Air Transport Association (IATA), however, said global passenger traffic dived 52.9 per cent compared to the same period a year ago.
The minister cited the International Air Transport Association (IATA) figures and said the aviation sector could be facing losses in the tune to $63 billion to $113 billion.
In 2018, the domestic air passenger traffic grew by 18.6 per cent to 138.9 million
Domestic traffic in India rose the most in the world
The domestic traffic data in the April-September period, during which the passenger volume grew a mere 2 per cent, also reflects this estimate, rating agency said in its aviation outlook note.
The IATA represents some 290 airlines comprising 82 per cent of the global air traffic.
Air traffic grew in single digits for first time in four years in January
The first of a three-part series analyses how the aviation industry is an outlier in the midst of an overall economic slowdown
"Driven by tariffs and trade disputes, global trade is falling, and as a result, we are not seeing traffic growing at the same levels as a year ago," IATA Director General and CEO Alexandre de Juniac
Icra said during April all airlines except GoAir have reported a year-on-year decline in PLFs
Collective loss of domestic airlines will be $ 430-460 million
India has seen double-digit passenger growth for 40 months in a row and has been the fastest-growing domestic air travel market