Key facts
- Domestic air traffic in April was 1.38 crore passengers.
- This represents a decrease of nearly 4% compared to the previous period.
- Airlines are experiencing increased operational costs due to higher fuel prices.
- Demand for air travel has been relatively slower.
The aviation sector is sensitive to economic conditions and operational costs. Higher fuel prices directly impact airline profitability and can lead to reduced passenger traffic if demand does not keep pace or if ticket prices increase significantly.