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Domestic air traffic to decline by 41-46% in FY21 due to coronavirus: Icra

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Undoubtedly, the coronavirus lockdown has hard hit aviation industry and now in a recent report, it has been claimed that the recommencement of commercial passenger flight services in a graded manner is unlikely to help the domestic aviation industry recover in the current financial year with domestic air traffic expected to shrink by 41-46% and international travel demand by a negative 67-72% year-on-year.


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