With the dip in traffic growth largely behind, CRISIL expects congestion at the top four airports – Delhi, Mumbai, Bangalore and Hyderabad, which handle more than half of air passenger traffic in India – to continue over the medium term. These airports on an aggregate presently operate at over 130% and with healthy traffic growth ahead this operating rate is expected to rise further in next 12 months. Operationalising of capacities in the following two fiscals would bring down utilisation levels albeit still high at over 90% by fiscal 2023.
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