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Air travel continues to accelerate in Feb 2021: ICRA
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PHOTO : TIWN
New Delhi, March 8 (TIWN) Domestic air travel continued to accelerate in February 2021 with a sequential improvement of 1 per cent, said ratings agency ICRA.
On a YoY basis, the domestic passenger traffic declined by 37 per cent.
As per ICRA, the capacity deployment in February 2021 stood at 71 per cent vis-a-vis February 2020.
The capacity deployment is a significant increase of over the 59 per cent deployed in November 2020 and 67 per cent in December 2020.
In January, the deployment stood at 71 per cent.
The Ministry of Civil Aviation (MoCA) permitted increasing the capacity to 80 per cent with effect from December 3, 2020.
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