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. 

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