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Domestic passenger traffic growth drops to 15.7% in February: Icra

Domestic passenger traffic growth drops to 15.7% in February: Icra

Tuesday, April 18, 2017, 7:30 PM

A study conducted by credit-rating body Icra revealed a decline in the domestic passenger traffic growth in February 2017. After witnessing a consistent 20% year-on-year (YoY) growth since October 2015, numbers dropped to 15.7% in February 2017. Icra attributed the decline to off-peak season for the industry along with high base effect where the industry growth has remained robust over last three fiscals
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