Travel news from around the world

India:

Indian aviation industry will bounce back to 80% of pre-Covid capacity during October-December 2021 period as about 9.2 crore domestic passengers are expected to take to the skies during financial year (FY22) and 14.4 crore during FY23. This was revealed by Morgan Stanley Research in its recent report on the aviation sector. “Overall, we estimate 9.2 crore domestic passengers in India in FY22 against 14.1 crore in FY20,” the report said, assuming that there is no further impact from the pandemic.

Air traffic picked after lockdown was lifted in May 2020 and rose every month till March 2021 before the second wave of Covid-19 hit the country. During May, the government set a cap stating that India will be able to sell seats up to 50% of their total capacity on domestic flights citing high number of Covid-19 infections and as travel demand fell during the second wave of the Covid-19 pandemic. Air passenger traffic in India rose for the sixth straight week during the week ending on July 10 as a fall in Covid-19 cases and easing of curbs by most states led more people to take to the skies.

“As vaccination rollouts continue across the world, key markets are seeing a sharp rebound in domestic air travel,” Morgan Stanley said. “With the second wave appearing to ebb, airline passenger traffic is again seeing a modest recovery.”

Over the past week, daily airline passenger traffic reached an average of about 140,000, implying about 36% of pre-Covid traffic (about 175,000 passengers on July 4, 2021, implying about 44% of pre-Covid levels),” the report said. “We believe that there is a significant pent-up leisure travel demand in the system and swift vaccination drive can aid the return of such demand,” it added.

Spotted in travel daily media

Travel to india updated news

Travel Talks Platform

More about our Facebook Group

Click if you want to join

Travel platform to expand your travel knowledge, follow the latest destination news and participate in daily questions, like “Travel Trivia”, “Where in the World” and “Amazing Travel Facts”.

blank


Private Facebook group
for the travel industry

Travel Talks Platform Group


5.4k members

Travel Talks Platform for the travel industry

Follow the travel news – Traveltalksplatform is the number 1 news site to stay updated on amazing travel facts, the latest news, events, incentive ideas, MICE news, job opportunities and shows.

Specially composed for the travel industry, you will find the latest travel facts at your fingertips.

Submit



Subscribe

Stay updated about the latest travel news worldwide

blank

The latest airline news, hotel news, cruise news and MICE news in your inbox:
Stay updated about
the latest travel news worldwide

 

 

Copyright © 2021 e-motions international

disclaimer:

We assume no responsibility or liability for any errors or omissions in the content of this site. The information contained in this site is provided on an "as is" basis with no guarantees of completeness, accuracy, usefulness or timeliness.