Growth in air passenger traffic is expected to slow down. Credit rating agency ICRA has made new projections, forecasting a modest increase. The total number of passengers is anticipated to be between 424 million and 432 million in the financial year 2026-27.

This follows a subdued previous year, with a small rise in passenger traffic. External factors and operational constraints have impacted the sector.

Further details on the projections and the factors affecting the sector are available from the credit rating agency's report. The forecast suggests a challenging period ahead for the civil aviation sector.