Domestic air passenger traffic momentum to continue this year: Report

Q: How long will it take to read this news story?

The story "Domestic air passenger traffic momentum to continue this year: Report" has 565 words across 14 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Domestic air passenger traffic momentum to continue this year: Report" was covered 1 weeks ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 107 news stories per day. It's most recent story was published 9 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #21555341</li><li>URL: https://beamstart.com/news/domestic-air-passenger-traffic-momentum-1720535251</li></ul>

Business Standard Logo Business Standard 1w ago

Domestic air passenger traffic momentum to continue this year: Report - Business Standard

Quick Summary:

The momentum in air passenger traffic is expected to continue and airlines' net loss is projected to be Rs 3,000-4,000 crore in the year ending March 2025, both trends similar to the previous financial year, a report said on Tuesday.

Rating agency Icra said the outlook for the country's aviation industry is stable amid the continued recovery in domestic and international air passenger traffic, with a relatively stable cost environment and expectations of the trend continuing in FY2025.

In June, the domestic air passenger traffic was estimated at 132.8 lakh, around 3.7 per cent lower than seen in May but about 6.3 per cent higher compared to the year-ago period.