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    Airlines in India will bounce back to 80% pre-Covid capacity this year, predicts Morgan Stanley

    The post Airlines in India will bounce back to 80% pre-Covid capacity this year, predicts Morgan Stanley appeared first on TD (Travel Daily Media) Travel Daily. Indian aviation industry will bounce back to 80% of pre-Covid capacity during October-December 2021 period as about 9.2 crore domestic passengers are expected to take to the skies during financial year (FY22) and 14.4 crore during FY23. This was revealed by Morgan Stanley Research in its recent report on the aviation sector. “Overall, we estimate 9.2 crore domestic passengers in India in FY22 against 14.1 crore in FY20,” the report said, assuming that there is no further impact from the pandemic. Air traffic picked…