NEW DELHI: Domestic Aviation will be back to pre-COVID level in the next three months, aviation secretary Pradeep Singh Kharola said at an event titled ‘Making India Self Reliant in Aerospace Manufacturing’, organized by the Federation of Indian Chambers of Commerce and Industry (Ficci) today.
“In the next 2-3 months, domestic aviation will be back to normal... Big countries like India, which have a huge domestic market, is where the future of aviation lies,” Kharola said.
India’s air passenger traffic is expected to rebound in FY22, though it will widely lag the levels seen in FY16, credit rating agency ICRA said in a recent report, adding the recovery of domestic traffic is expected to be earlier than that of international traffic.
“If a vaccine is launched earlier with reasonable availability, domestic air passenger traffic could witness a further upside in FY22, with an estimated growth of about 93%, and international air passenger traffic could witness an estimated growth of about 235%," the ICRA report added
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