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Peak season provides impetus to air passenger traffic growth in December 2016, says ICRA

ANI February 9, 2017 4:27 PM IST

Undeterred by demonetisation, the domestic air passenger traffic reported a robust YoY growth of 24 percent in December 2016. The growth was propelled by peak season demand along with prevalent low airfares due to intense competition. The traffic growth on international routes was however impacted slightly, with the industry reporting 7.7 percent YoY growth during the month.

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