August 28, 2025 3:30 PM
Domestic air passenger traffic likely to touch 176 million in FY26: ICRA
India’s domestic air passenger traffic is projected to rise to 172–176 million in FY26, marking a growth of 4–6 per cent over the previous year, according to a report released on Thursday by rating agency ICRA. The moderation in growth comes even as aircraft deliveries are increasing. In Q1 FY26, passenger traffic grew 4.4 per cent year-on-year, but was impacted by cross-border tensions that led to flight disruptions and cancellations, as well as travel hesitancy following an aircraft acc...