ICRA , a credit rating agency, raised its forecast for international air passenger traffic at Indian airports this fiscal year to 80-85 percent of pre-pandemic levels.
In May, the number of such travellers had already surpassed 72% of the pre-Covid level.
According to Icra, the steep recovery in international passenger demand came as a result of the resumption of regular airline operations in late March, following the lifting of travel restrictions standards and strong passenger demand.
Furthermore, as expected, domestic passenger traffic recovered sharply and far faster after Omicron, he noted.
According to Lahoti, who expects domestic air travel to recover to pre-Covid levels in FY23 and international traffic to recover in FY24, the recovery trend in traffic was aided by the relaxation of travel restrictions norms and resilient demand.
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