Domestic air passenger traffic expected to shrink by 40-45% in FY21: Crisil

Curtailed mobility of people due to the Covid-19 pandemic is expected to shrink India's domestic air passenger traffic by 40-45 per cent in FY21, rating agency Crisil said on Wednesday.

Similarly, India's air passenger traffic in the international sector is expected to plunge by 60-65 per cent, Crisil Research said in a report.

"The demand destruction can be gauged from the fact that even after resumption of domestic air services, the load factor is hovering at 50-60 per cent, with primarily unidirectional flow of traffic, limited largely to essential travel and those returning to their home cities or countries," the report said.

"In the milieu, Indian carriers