Indian airlines are projected to experience a significant reduction in net losses, estimated at around Rs 5,000-7,000 crore for the current fiscal year, owing to robust growth in passenger traffic and improved revenue streams, as reported by credit rating agency ICRA on Thursday. According to ICRA, domestic air passenger traffic soared by 26 percent to approximately 1.22 crore passengers in July, compared to 97 lakh passengers in the same month of the previous year.
Digi Yatra facility to be launched at six more airports in August
