Rating agency ICRA has revised its overall airport passenger traffic growth projection for FY26 to 5-7 per cent YoY, the lowest since Covid. The rating agency has revised the airport passenger traffic growth estimates lower from the earlier estimates of 7-9 per cent.

The report highlighted that the overall airport passenger traffic is expected to reach 43- 44 crore in the current fiscal year. In FY25, the total airport passenger traffic reached 41 crore, registering about 9% YoY growth.

Reason for the downgrade

ICRA stated that the downward revision is a result of cross-border tension and lower aircraft availability due to stricter fleet inspection following the unfortunate Air India crash in June. The incident has led to a compression of passenger traffic growth in the April-August

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