Silver lining: Air traffic shows sign of revival in Feb

New Delhi: Domestic air travel has finally shown some revival sign after several months of double digit falls. Despite airlines sharply hiking fares in February over January, the month actually saw more people flying within the country.
According to the aviation ministry, January with its rock bottom fares saw 33.26 lakh domestic flyers. And February, when fares had almost doubled, this figure has actually gone up to 33.36 lakh. On yearly basis, February 2009 over 2008 has seen a 8% fall in traffic a single digit fall after several months of double digit losses.
According to aviation analysts, the full service sector has an overcapacity with nearly 120 aircraft between Jet, Kingfisher and AI (domestic) flying within the country. This figure, says the Centre for Asia Pacific Aviation, may need to be pruned further.
14/03/09 Times of India

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Categories: Indian Aviation- In General Mar 2009