Domestic air passengers increase 20% in January

Domestic air passengers in India grew 19.9% YoY to 11.4 million in January 18, against a 17.8% rise in December 2017 and 18.4% in 3QFY18, according to a report.

Passenger growth has been in double-digits for the last 42 months, while domestic available seat kilometres (ASK) grew 16.8% YoY in January.

ASK grew 16.5% in December 2017 and 14.2% YoY in 3QFY18.

Revenue passenger kilometers (RPK) rose 17.9% YoY in January against 17.5% in December and 18.3% YoY in 3QFY18, according to a brokerage Motilal Oswal report.

IndiGo’s domestic ASK and RPK grew 15% and 14.6%, respectively, in January against 12.6% and 11.8% in December 17 after recording muted growth over the last six months due to engine issues.

Domestic industry load factor stood at 89.1% in January against 89.5% in December 2017 and 87.8% in 3QFY18. IndiGo’s load factor stood at 89.7% in January this year against 90.8% in December 2017 and 89.6% in 3QFY18.

IndiGo’s passenger market share stood at 39.8% in January against 39.5% in December 2017 and 39.6% in 3QFY18.

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SpiceJet’s market share stood at 12.6% in January 18 compared to 12.7% in December 2017 and 12.8% in 3QFY18.

GoAir’s market share stood at 9.6% in Jan-18 compared to 9.2% in 3QFY18; it seems to have stabilised in the 8-9% range, the report said.

Jet Airways’ market share remained below 20% for the 22 consecutive months at 16.5%. Prior to that, it had a market share of above 20% since July 2014.

Air India’s market share stood at 13.3% in January against 13% in December 2017.