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Domestic air passenger traffic up 20% to 18.9 mn in June: ICRA

Growth remained broad-based with 18 out of top 20 airports exhibiting double-digit Y-o-Y increase

IANS  |  New Delhi 

Domestic air passenger traffic up 20% to 18.9 mn in June: ICRA

Ratings agency on Wednesday said domestic in the country grew by 20 per cent in June 2017.

According to ICRA, on a year-on-year (Y-o-Y) basis the domestic increased to 18.9 million compared with June 2016 figures.

"The domestic in the country has continued to maintain an upward growth momentum since April 2017, buoyed by the commencement of the tourist season in the country," said Harsh Jagnani, Vice President and Sector Head for Corporate Ratings,

"The 20 per cent Y-o-Y growth rate reported in June 2017 marks the first instance of such growth since January 2017."

According to the note, the growth remained broad-based with 18 out of the top 20 exhibiting double-digit Y-o-Y increase in passenger in June 2017.

First Published: Wed, September 06 2017. 22:27 IST
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