Monday, March 26, 2012

Indian airlines' global traffic growth slumps

New Delhi: Kingfisher & AI woes, lack of good airports and freeze on permits for new flights all contribute to the decline
There has been a substantial fall in the growth rate of international passenger carriage by Indian airline companies during 2011, as compared to 2010.
Among the reasons are ailing Kingfisher Airlines pulling out flights and the financial problems of carriers, leading to reliability issues.
International passenger carriage by Indian airlines — Air India (AI), Jet Airways, Kingfisher, SpiceJet and IndiGo ply abroad — rose during 2010 by 16.2 per cent. Directorate general of civil aviation (DGCA) data shows they carried 13.2 million passengers on flights abroad in 2011, a rise from 12.9 mn in 2010. Or, a percentage rise of barely three per cent.
The Indian carriers witnessed a decline in international passenger carriage of 14 per cent, 16.9 per cent and 14.8 per cent in the months of October, November and December, the period when Kingfisher started pulling out flights. International carriers, however, increased their passenger load by 9.3 per cent to 26.7 mn during 2011 from 24.4 mn during 2010.
26/03/12 Mihir Mishra/Business Standard
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