It is being expected that the air-passenger traffic will be increasing 75% in comparison to the last year in the financial year 2022-23 started from April, and with this, the number of people travelling via flights will reach pre-COVID levels once again. This information has come to the fore through a report published by Crisil on Monday.
According to credit rating agency, Crisil, a huge role will be played by domestic traffic towards increasing air-passenger traffic, and because not all international routes have opened up currently, international air-traffic is increasing slowly. The report has also mentioned that during this month and the next one, flight booking can reach its peak because of the festive season, and with a great boom in demand, the flight fares and the income of the airline companies have augmented.
As per the report, from April till now, especially from September, flight bookings have increased rapidly, and if this speed continues to exist, the number of flight passengers will reach 34 crores during this financial year. Before the beginning of the COVID-19 pandemic, in the country, during the year 2019-20, the air traffic volume was roughly the same.
