International air passenger traffic at 79% of pre-COVID levels: ICRA

The opening of major international destinations, easing of travel restrictions by the government, and increased deployment of aircraft capacity drove international traffic in the last three months

July 8, 2022

International passenger traffic is expected to cross pre-COVID levels in FY24 and reach 90-92% of the pre-Covid levels by end of FY23

Domestic passenger traffic in June 2022 was just 91% of pre-COVID levels

International traffic across the world stood at 64% of May 2019 levels

Major international flight routes including Europe, the Middle East and North America are already crossing pre-Covid levels

India’s international air-passenger traffic reached 79% of pre-Covid levels in June according to a report from credit rating agency ICRA. 

The report said that the opening of major international destinations, easing of travel restrictions by the government, and an increase in the deployment of aircraft capacity were the primary drivers of international traffic during the last three months.

International passenger traffic is expected to cross pre-COVID levels in FY24, and reach 90-92% of the pre-Covid levels by end of FY23.

In contrast, domestic passenger traffic in June 2022 was just 91% of pre-COVID levels. It was 98% in May and the month before. 

According to the global aviation body International Air Transport Association (IATA), international traffic across the world stood at 64% of May 2019 levels, during the same period this year. Major international flight routes including Europe, the Middle East and North America are already crossing pre-Covid levels.

Recent Articles

CEA highlights improving India’s investment to meet global shifts

November 14, 2024

India’s Chief Economic Advisor (CEA), V. Anantha Nageswaran, has emphasised …

Read More

Gen AI to add up to US$438 billion to GDP: RBI Dy. Governor

November 14, 2024

Speaking at the DEPR Conference on ‘Digital Technology, Productivity and …

Read More

India Kazakhstan strengthen trade ties in electronics and engineering

November 13, 2024

India and Kazakhstan are strengthening their trade and technological partnerships …

Read More