Investment Information and Credit Rating Agency of India (ICRA) recently released a report on the current Indian airports turnover and revised the previous outlook from ‘Negative’ to ‘Stable’. This change in the status is anticipated due to a rise in passenger footfalls across all Indian airports post-pandemic. As per ICRA, the domestic passenger traffic in India is expected to reach the pre-pandemic level by March 2022, while the international traffic will recover completely by the second quarter of next fiscal starting April 2023. “The overall recovery in domestic traffic remained strong and is expected to recover to 97-98% of pre-COVID

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