According to rating agency ICRA, domestic air passenger traffic plunged around 43 per cent month on month to stand at 6.4 million in January 2022 as the third wave of the Covid-19 pandemic and the resultant restrictions by state governments kept flyers away from air travel. The domestic passenger volume in December 2021 was recorded at 11.2 million. Passenger traffic declined 17 per cent in January 2022 over 7.7 million passengers transported by domestic airlines on local routes in January 2021. Also, airlines deployed 7 per cent lower capacity in January 2022, which saw 62,979 departures against 67,877 departures recorded in the corresponding month of 2021. The sequential recovery slumped in January 2022, with the emergence of the new variant, Omicron, and related restrictions impacting the leisure travel segment, along with the existing subdued demand from the corporate traveller segment.