India’s domestic air traffic falls 7.5% in August, worst among major markets – FinSiddhi

India’s domestic air traffic falls 7.5% in August, worst among major markets

India’s domestic air passenger traffic fell by 7.5% in August compared to the previous year. This drop marks the steepest decline among major domestic aviation markets worldwide. Domestic Revenue Passenger Kilometres decreased, while capacity contracted by 1.2%, leading to a reduced load factor. Other countries like China and Brazil experienced traffic growth, contrasting India’s performance. IATA’s analysis indicates uncertainty in future travel demand due to various economic factors.
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