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Domestic air passenger growth slows to 0.14%, ends 4-year record

The cumulative traffic of 11 domestic airlines stood at 11.59 million in March compared to 11.58 million passengers a year ago, according to the data

Domestic air passenger growth slows to 0.14%, ends 4-year record
The cumulative traffic of 11 domestic airlines stood at 11.59 million in March as compared to 11.58 million in the year-ago period, according to the DGCA data

Domestic air passenger traffic growth managed to remain in the green in March, but grew at just 0.14 per cent, largely due to the huge capacity reduction following the troubles at Jet Airways in the month, shows the monthly data released by the DGCA on Monday. The cumulative traffic of 11 domestic airlines stood at 11.59 million in March compared to 11.58 million passengers a year ago, according to the data. The March numbers are a big setback to the industry which had been clipping at over 20 per cent for more than four years in a row. After a record run-rate in high double ...