Worldwide Corona Virus cases crosses 1 million mark as the US and Westren Europe badly suffers due to outbreak

Corona Virus Pandemic has spread all across the world in last 3-4 months. The deadly virus outbreak started from Wuhan, China in late 2019 and now has presence in almost all the countries in the world.
China claims that as on today 81,500 people got infected with Covid19 while 3,300 Chinese people died. However, not many people believes in official figures declared by Chinese authorities. Many fear that number of death in China are much much higher and China is hiding the truth. This argument looks much more relevant in last 15-20 days when Italy, France, Spain and the US  are reporting much higher numbers.



On 2 April 2020, total corona virus cases in the world crossed 1 million mark with USA reporting 240,000 + cases. Italy (115,000) and Spain (110,000) are at second and third position respectively. The US and Western Europe are badly affected regions where all major cities are witnessing lock down for as long as 4 to 6 weeks. New York alone has 92,000 cases as on today with 2,300 + deaths.

Globally, 52,500 people lost their lives due to corona virus pandemic till now. Italy lost 13,900 people due to outbreak which is highest in the world followed by Spain with 10,096 deaths. The US (5,800), France (5,387) and Iran (3,160) are also experiencing rapidly increasing fatalities.



While on a positive side, more than 210,000 people recovered from the disease. Currently, the recovery rate is 80% across all patients globally. However, most of European nations have lower recovery rate due to aging population. Also, total number of cases per million of population in the Europe and the US are much higher compared with rest of the world. Same is true for number of deaths.

The rate of increase in number of people getting infected has increased in last 10-15 days. For last 4-5 days more than 60,000 people are getting infected with Corona Virus on daily basis. While about 4,000 people are losing life due to Covid2019 outbreak.

The next 15 days are really crucial for the world as most of the nations are observing strict lock down. Moreover one of most populas nation the world, India has announced 21 Days Nationwide lock down till 14th April 2020.

Source: Worldometers




India’s domestic air passenger traffic jumped by 12.43% to 95.65 Lakhs during July 2017, IndiGo continues its domination

Source: DGCA

In July 2017, Indian aviation industry is witnessed robust growth of air passenger traffic domestically. In the month of July 2017, number of air passengers increased by 12.43% year on year to 95.65 Lakhs. While total number of passengers carried during 2017 were up by 17.18% y-o-y to 657.21 Lakhs. India’s aviation industry is benefiting from factors such as focused by government to boost regional connectivity coupled with increase in domestic air travelers.

  
India’s largest Low Cost Airline (LCC), IndiGo continues to dominate with 38.7% market share. IndiGo carried 36.99 Lakhs passengers during July 2017. While Jet Airways (Jet +Jet Lite) 17.37 Lakhs passenger to capture 18.2% share. Spice Jet is at third position with 14.2% market share while national carrier Air India is at 4th with 13.5% share. Top 5 airlines accounts for 92.3% of total market share in Indian aviation sector.



In terms of Passenger Load Factor (PLF), another LCC Spice Jet leads with 94.4% followed by Air Asia (88.4%), Vistara (84.6%), IndiGo (83.7%) and GoAir (82.5%).


On Time Performance (OTP) is one of important factor for passengers deciding about which airline to fly. IndigGo is the most punctual with 84.6% OTP followed by Go Air (78.2%) and Vistara (74.5%). About 66% of delays are Reactionary in nature during July 2017 while ATC and Airport management caused 16% of flight delays. Cancellation rates during July 2017 stood at 0.79%.



India’s domestic air passenger traffic jumped by 14.90% to 90.45 Lakhs during March 2017, IndiGo continues to dominate


Source: DGCA


In March 2017, Indian aviation industry is witnessed strong growth of air passenger traffic domestically. In the month of March 2017, number of air passengers increased by 14.90% year on year to 90.45 Lakhs. While total number of passengers carried during 2017 were up by 18.59% y-o-y to 272.79 Lakhs. India’s aviation industry is benefiting from factors such as healthy economic growth and support by government to boost regional connectivity.



India’s largest Low Cost Airline (LCC), IndiGo continues to dominate with 39.9% market share. IndiGo carried 36.11 Lakhs passengers during March 2017. While Jet Airways (Jet +Jet Lite) 16.27 Lakhs passenger to capture 18.0% share. Spice Jet dislodged State owned carrier Air India to capture third position with 13.2% market share while Air India slipped to 4th with 13.0% share. Top 5 airlines accounts for 93.0% of total market share in Indian aviation sector.



In terms of Passenger Load Factor (PLF), another LCC Spice Jet leads with 91.4% followed by Air Asia (87.8%), GoAir (94.8%), Vistara (82.2%) and IndiGo (81.6%).



On Time Performance (OTP) is one of important factor for passengers deciding about which airline to fly. IndigGo is the most punctual with 88.0% OTP followed by Spice Jet (85.7%) and Vistara (85.0%). About 69% of delays are Reactionary in nature during March 2017 while ATC and Airport management caused 18% of flight delays. Cancellation rates during March 2017 stood at 0.41% which is reasonably low. 



India’s regional air connectivity gets a big boost with UDAN

Source: Ministry of Civil Aviation

India’s aviation sector undergoing dynamic transformation in the recent past. The need for improving regional air connectivity by starting air service at smaller cities has been finally addressed. The new Ude Desh Ki Aam Naagrik (UDAN) Scheme by Government of India is trying to solve the issue of last mile air connectivity by starting operations at 43 under-served airports by September 2017 in a first phase. The Civil Aviation Ministry awarded regional air routes to five operators (Alliance Air, Air Odisha, TruJet, Spice Jet, Air Deccan) who won the bid.


The Government is providing ‘viability gap funding’ under the scheme so that air fare for a one-hour journey is capped at Rs. 2,500 per passenger for 50% seats in each flight. The air fare subsidy is shared by Central and State governments. Also, range of tax concessions would be provided to support the scheme. Subsidy would remain for next 3 years while UDAN scheme is for next 10 years. The UDAN scheme is aimed at strengthening air connectivity network of Tier 2 and 3 cities so that large proportion population can benefit. On March 5, Central Government approved a Rs. 4,500-crore plan for the development and up-gradation of 50 under-served or unserved airports and airstrips in India.






Total 128 routes across India were awarded among 5 airlines. Air Odisha tops as it got 50 routes to operate followed by Air Deccan (34), TruJet (18), Alliance Air (15) and Spice Jet (11). The time holds lot of excitement for aviation sector as dream project of the Prime Minister Narendra Modi is all set to change the rules of the game. 



Top 10 Most Connected Domestic Airports in India: February 2017

India’s domestic airline industry is witnessing robust growth with 86.55 lakh people traveled during February 2017, 15.77% growth year-on-year. Moreover, government’s focus on improving regional air connectivity is positively triggering the sector. During February 2017, India had 75 active airports covering 332 air routes. Important to know Top 10 Most Connected Domestic Airports in India: February 2017


Delhi Airport is most connected domestic airport in India with 60 air routes across India. Mumbai is 2nd with 47 followed by Bengaluru (42) Kolkata (37) and Hyderabad (35). Out of 75, Delhi is connected with 80% of active airports in India while Mumbai 63% and Bengaluru (56%). Only 19 airports in India out of 75 are connected with more than 10 cities. While 18 airports have air connectivity with 6 to 10 cities and 22 airports 2 to 5 cities. India’s 16 domestic airports have flight only for 1 location. Future certainly holds lot of potential for these smaller airports due to increasing demand coupled with congestion at airports in metro cities.


Following is the list of Top 10 Most Connected Domestic Airports in India: February 2017