Air passenger traffic drops for the first time in five months
Fewer people travelled via air transport in the month of June as DGCA's monthly report on domestic carriers' air traffic showed.
Key Highlights
- Domestic airlines carried 95.68 lakh passengers in June.
- Air passenger traffic was the lowest in five months.
- Passengers carried by IndiGo fell the most by 3.65 lakh.
The total number of passengers carried by airlines fell for the first time in five months, the directorate general of civil aviation (DGCA) report showed on Wednesday.
Passengers who flew via domestic carriers stood at 95.68 lakh in the month of June.
Airlines operated with majority empty seats as passenger load factor (PLF) were lower for almost all airlines during the month as against May 2017.
Passengers carried by all domestic carriers dropped with IndiGo recording the highest decline of 3.65 lakh lesser passengers in June as compared with May.
“The passenger load factor in the month of June 2017 has shown declining trend compared to previous month primarily due to the end of tourist season,” DGCA report said.
The air passenger traffic had fallen in February to 86.55 lakh from 95.79 lakh in January this year, after which it consistently improved.
“Passengers carried by domestic airlines during Jan-Jun 2017 were 561.55 lakhs (5.61 crore) as against 475.79 lakhs (4.7 crore) during the corresponding period of previous year thereby registering a growth of 18.03 %,” DGCA report said.
SpiceJet recorded the highest PLF in the month of 94.5% as against 94.3% the previous month and AirAsia also had higher PLF of 89.6%.
The market share of all domestic carriers dropped during the month with the exception of SpiceJet, Air India, AirAsia and Vistara that improved market share in June minimally.
Market leader IndiGo’s market share in the month fell from 41.2% in May to 40% in June.
IndiGo’s cancellation flight rate also shot up during the month from 0.14% the previous month to 3.34% in June.
At the end of June, Air India’s market share stood at 13.1%, Jet Airways was at 15.2%, SpiceJet was at 13.3%, GoAir at 8.4%, while AirAsia and Vistara had 3.7% and 3.6 market share respectively.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Top 7 Mutual Funds With Best SIP Returns in 3 Years: Rs 21,000 monthly SIP in No. 1 fund has jumped to Rs 14,83,549; know about others
SBI Sarvottam FD vs SBI Amrit Kalash FD Calculator: What will be maturity amounts for general and senior citizens on Rs 4 lakh and Rs 8 lakh investments; know here
04:43 PM IST