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 12.43% to 95.65 Lakhs during July 2017, IndiGo continues its domination India’s domestic air passenger traffic jumped by 12.43% to 95.65 Lakhs during July 2017, IndiGo continues its domination Reviewed by Boneless Research on 22.8.17 Rating: 5

No comments:

Powered by Blogger.