Negative Growth in Domestic Air Traffic

The grounding of Jet Airways has impacted the Indian airline industry adversely with domestic airline passenger carrying capacity falling by as much as 14 per cent, resulting in a 4.2 per cent fall in domestic air traffic to 10.99 million in April 2019. The domestic passenger traffic had sustained a growth trajectory between July 2013 and March 2019. The moderation in capacity, which started in February when the now-defunct Jet Airways began grounding its fleet in a staggered manner, has also resulted in 30 to 40 per cent increase in airfares in March compared to September last year.