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India’s domestic air passenger traffic in August increased by 23% compared to the previous year and was 6% higher than pre-Covid levels, according to credit rating agency Icra. The growth in traffic from the previous month was 3.2%. Capacity deployment also grew by 10% compared to August 2022 but was 1% lower than pre-Covid levels. Icra stated that the domestic aviation industry is stable, with expectations of a continued recovery.
