2007 best growth period for aviation sector

New Delhi: The year 2007, so far, could be considered the best growth period for the civil aviation sector. The passengers carried by domestic airlines in the first three quarters of 2007 has registered 36.47% growth to 317.29 lakh passengers, up from 232.49 lakh passengers during the same period year ago.
Interestingly, the market share of full service airlines dropped. Indian registered 19.2% growth in September from 19.8% in August, Jet Airways slipped to 22.2% from 22.5% and Kingfisher Airlines dropped from 12.5% to 11.8% last month.
According to civil aviation ministry sources, leading the pack in the seat factor capacity was South-based Paramount Airways which had a seat factor of 77% in September from 51.6% in August.
Air Deccan, saw it’s seat factor going up from 65.7% in August to 70.7% last month. However, Go Air seems to be severely hit down from 80% in August to 47.7% last month. SpiceJet’s seat factor declined to 62.3% during August as compared to 69.6% in September.
Seat factor, or occupancy, of full service airlines — Indian, Jet Airways and Kingfisher — decreased marginally. Indian went down to 63.2% from 66.2% in August. Jet Airways’ seat factor dipped by just 0.2%. Kingfisher had a seat factor of 59.5% in September as compared to 63.6% in August.
21/10/07 Raja Awasthi/Economic Times

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Categories: General Aviation Oct 2007