{"id":22783,"date":"2022-07-14T17:43:13","date_gmt":"2022-07-14T12:13:13","guid":{"rendered":"https:\/\/aviationa2z.com\/?p=22783"},"modified":"2022-07-14T17:43:16","modified_gmt":"2022-07-14T12:13:16","slug":"icra-indian-airlines-have-surpassed-the-pre-covid-level-in-international-traffic","status":"publish","type":"post","link":"https:\/\/aviationa2z.com\/index.php\/2022\/07\/14\/icra-indian-airlines-have-surpassed-the-pre-covid-level-in-international-traffic\/","title":{"rendered":"ICRA – Indian airlines have surpassed the pre-COVID level in international traffic"},"content":{"rendered":"\n

According to rating agency ICRA, local airlines have surpassed pre-COVID levels<\/strong> of international aviation travel in the month of June. <\/p>\n\n\n\n

ICRA said in a statement today that the international passenger traffic for Indian carriers is on a growth trajectory and surged to around 2.1 million in June 2022, which has notably exceeded the international passenger traffic of around 1.8 million witnessed in June 2019 (pre-Covid level) by around 18%.<\/em><\/pre>\n\n\n\n
\"According
image courtesy – Avimag <\/figcaption><\/figure>\n\n\n\n
 Scheduled international operations have been resumed since March 27, 2022, and have returned to bilaterally-agreed capacity entitlements<\/strong>.When compared to May, the domestic market’s air passenger traffic slightly decreased in June. <\/p>\n\n\n\n
Domestic passenger traffic increased to approximately 10.5 million in June 2022 from 3.1 million in June 2021 as business travel resumed normal operations. <\/p>\n\n\n\n
This was only a 12 percent decline from the pre-covid level of 12.0 million seen in June 2019. <\/p>\n\n\n\n
According to ICRA, the domestic air passenger traffic in June 2022 was almost 13% lower than in May 2022, mostly as a result of the seasonality effect associated with the start of the school year. <\/p>\n\n\n\n
Although the airlines’ capacity deployment for June 2022 was 1.6 times greater than for June 2021, consecutive departures for June 2022 were down about 4% from May 2022. <\/p><\/blockquote>\n\n\n\n
\"\"
Credits to ET <\/figcaption><\/figure>\n\n\n\n
With things returning to normal, it is anticipated that the rebound in passenger traffic will happen somewhat more quickly in the current fiscal year. <\/p>\n\n\n\n
However, the sector is threatened by an overhang from any additional Covid waves. <\/p>\n\n\n\n
The elevated ATF prices, which have increased by 120% year-over-year, <\/strong>come with additional hazards. In addition, the geopolitical problems brought on by the conflict between Russia and Ukraine have made the situation worse. <\/p><\/blockquote>\n\n\n\n
According to ICRA, these problems will continue to pose a short-term challenge for the sector. <\/strong><\/p>\n\n\n\n
According to ICRA, the recent currency depreciation has made matters worse for the business. <\/p>\n\n\n\n
Read more :- Karnataka plans to build nine water airports to improve connectivity and enhance tourism<\/a> <\/p>\n\n\n\n
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Stay Connected with us!<\/p>\n","protected":false},"excerpt":{"rendered":"
According to rating agency ICRA, local airlines have surpassed pre-COVID levels of international aviation travel in the month of June. <\/p>\n","protected":false},"author":2,"featured_media":22785,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[399],"tags":[2030,2321,2971,4425],"class_list":{"0":"post-22783","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-featured","8":"tag-aviation-a2z-news","9":"tag-icra","10":"tag-indian-airlines","11":"tag-pre-covid-levels"},"_links":{"self":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts\/22783","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/comments?post=22783"}],"version-history":[{"count":2,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts\/22783\/revisions"}],"predecessor-version":[{"id":22787,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts\/22783\/revisions\/22787"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/media\/22785"}],"wp:attachment":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/media?parent=22783"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/categories?post=22783"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/tags?post=22783"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}