Air traffic grows 15.6% in February

New Delhi: Continuing the strong revival flight, domestic air travel has grown by 15.6% in February, with 39.15 lakh people flying within the country as compared to 33.85 lakh in the same month last year.
More importantly, February's figure was close to January's 40.87 lakh and there was not a sharp drop after the peak winter travel season.
"The growth is robust and yields have improved. March will see a modest growth over last year and then from April onwards we expect strong growth numbers. The domestic airline industry is on a recovery path and the low-cost model has proved itself here," said Kapil Kaul, India head of the Centre for Asia Pacific Aviation (CAPA).
Naresh Goyal's Jet-JetLite combine remained the market leader with a 26.1% share and Vijay Mallya's Kingfisher at 22.7%. They maintained these strong figures, thanks to utilising most of their domestic fleet on low-cost carriers (LCCs) that have established their dominance in Indian skies. LCCs today account for over 70% of all domestic air travel. Air India (domestic), the only all full service domestic airline, logged 17.2% share in February. Jet Airways standalone had an 18.8% share.
16/03/10 Times of India

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Categories: Indian Aviation- In General Mar 2010