Domestic air traffic will fall to 90 million passengers from 140 million: CAPA India

According to a report released by CAPA India, domestic air traffic is expected to drop to 80-90 million passengers in the current fiscal against an estimated 140 million passengers. The delivery of more than 200 planes to Indian carriers are also likely to be deferred by up to two years. International traffic is expected to fall from approximately 70 million in the previous financial year to 35-40 million passengers or maybe even less in the current fiscal. As a result, the majority of the fleet is likely to be surplus to requirement during the first half of the current financial year. While giving the forecast, CAPA India said it is an initial estimate and would be continually revised. A gradual path towards normalcy could be expected towards Q3 and Q4, the aviation consultancy firm said.

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