India’s domestic air passenger traffic grew 23.3% to 8.6 million in October. This is the 12th straight month where growth has exceeded 20%, analysts at Motilal Oswal Securities Ltd pointed out. IndiGo led with a 46% growth, followed by SpiceJet at 24.4%. Likewise, the industry’s load factor, or capacity utilization, has exceeded 80% in the past 13 months.
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