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India T&T sector to post annual growth rate of over 10% during 2019-28: IBEF

India T&T sector to post annual growth rate of over 10% during 2019-28: IBEF

The travel and tourism industry's direct contribution to India's Gross Domestic Product (GDP) is expected to post an annual growth rate of 10.35 per cent between 2019 and 2028, according to a report by the

Aviation
International passenger traffic at Indian airports to hit 80-85% of pre-Covid level: ICRA

International passenger traffic at Indian airports to hit 80-85% of pre-Covid level: ICRA

Credit ratings agency Icra revised upward its projection of international air passenger traffic at Indian airports at 80-85 per cent of the pre-pandemic volumes during this fiscal. The volume of such travellers has already touched

Aviation
Domestic air passenger traffic logs estimated 83% growth in April: ICRA

Domestic air passenger traffic logs estimated 83% growth in April: ICRA

Domestic air passenger traffic is estimated to have logged an 83 per cent growth year-on-year at 10.5-million in April as Covid-19 infection cases waned, leaving a gap of just 5 per cent when compared to

Aviation
Domestic air traffic records 59% yoy growth in FY22: ICRA

Domestic air traffic records 59% yoy growth in FY22: ICRA

Near to normalcy in airline operations due to the waning impact of the pandemic resulted in a sequential growth of ~37% in domestic air passenger traffic to ~106 lakh in March 2022 compared to ~77

Aviation
India’s passenger traffic to increase by 70% in 2022-23: ICRA

India’s passenger traffic to increase by 70% in 2022-23: ICRA

Ratings agency ICRA Ltd expects India's total passenger traffic to increase by 68-70 per cent on-year to 317-320 million in 2022-23, with domestic air passenger traffic expected to rise 64-66 per cent on year in

Aviation
Domestic air passenger traffic crosses 10-mn mark in November: ICRA

Domestic air passenger traffic crosses 10-mn mark in November: ICRA

Continuing on the recovery path, domestic air passenger traffic crossed the 10-million mark in November for the first time since the pandemic hit the aviation industry in March last year but the coronavirus' new variant

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