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Business trends

India air traffic stagnant in March as Jet Airways grounds planes

Airfares rise after debt-laden carrier halts operations

MUMBAI (News Rise) -- Airline passenger traffic in India barely grew in March as the nation's second-largest full-service carrier Jet Airways (India) grounded several aircraft after it ran out of cash.

The number of passengers flown last month rose 0.1% on-year to about 11.6 million, according to government data.

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