‘Air traffic may hit 83% of pre-COVID level in Q3’
The Hindu
‘FY22 to see 9.2 crore domestic fliers’
India’s aviation industry, battered by the pandemic, is expected to see 83% of average pre-COVID capacity by the third quarter of this fiscal, assuming no further impact or third wave, Morgan Stanley said in a report. According to the report, India could witness 90% of average pre-COVID capacity in the fourth quarter. Estimating 9.2 crore domestic passengers in India for FY22, Morgan Stanley said this number was likely to grow to 14.4 crore in FY23, surpassing FY20’s pre-COVID average of 14.1 crore.
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