ICRA: Passenger traffic at Indian airports reports Y-o-Y decline in March 2019; overall FY2019 sees lowest growth in last five years
After years of strong growth, the traffic growth at Indian airports has hit an air pocket with passenger traffic declining by 1.1% (Y-o-Y) in March 2019. This has dragged down the FY2019 passenger traffic growth to 11.6%, making it the lowest over last five fiscals. During the same period, the aircraft traffic grew by 12.1%, …
