March 23, 2025 11:53 AM

India’s aviation sector reflects stable outlook amid rising air traffic

India’s aviation sector continues to show a stable outlook, supported by a steady rise in air passenger traffic. Official data reveals that domestic air passenger traffic recorded a robust double-digit growth of 11.04 per cent in February this year compared to the same month last year. According to an ICRA report, domestic air traffic for the first 11 months of the current financial year stood at approximately 1,551 lakh passengers. This marks a 7.7 per cent increase over the same period last...