India's Airlines Traffic Falls 0.5% YOY In April

India's airlines' traffic fell 0.5% year-over-year in April, reflecting the impact of the shut-down of Jet Airways. This is sharply lower than a 15% yoy pace in December 2018. This marked the first time in over five years that monthly domestic traffic declined compared to the year-ago period, latest passenger traffic data from International Air Transport Association (IATA) showed.

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