Consequently, Crisil Research expects domestic passenger load factor (PLF) for the industry to remain flat at around 86 per cent in fiscal 2020, the rating agency said. PLF is a metric that measures how much of an airlines passenger-carrying capacity is used. With the improvement in fares and a likely robust growth in passenger traffic for budget carriers, Crisil said it anticipates the EBITDAR (earnings before interest, taxes, depreciation, amortisation, and restructuring or rent costs (EBITDAR) margin to rebound to 24-25 per cent this fiscal from 15-16 per cent in fiscal 2019. The carriers operating margin had come off after touching a decadal high of around 30 per cent in 2016, Crisil said adding the recovery this time will be led by a significant jump in airfares due to sudden squeeze in capacity by airlines, following the grounding of the Jet Airways.