India’s Domestic Air Traffic Falls 7.5% in August as IATA Flags Deepest Monthly Decline
India’s domestic aviation market contracted again in August, with passenger traffic falling 7.5% year on year even as capacity declined by a smaller margin, according to industry data cited by the International Air Transport Association. The mismatch between falling demand and relatively firmer supply points to weaker load factors and renewed pressure on airline yields, underscoring a softer phase for one of the economy’s most closely watched transport indicators.
