New Delhi: Domestic airlines registered a decline of over 12 per cent in the number of passengers during September this year, as compared to the same period last year.
Latest data released by the Directorate General of Civil Aviation show that domestic airlines flew 40.18 lakh passengers in September, as compared with 45.87 lakh passengers flown previously.
Analysts say the decline in passenger demand was largely due to the fare hike by airlines . To spur demand, the full service airlines, including Jet Airways and Air India, have dropped fares by 40 per cent if passengers book in advance.
The data indicate that for the fourth successive month, demand was lower than the available capacity.
18/10/12 Business Line
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Latest data released by the Directorate General of Civil Aviation show that domestic airlines flew 40.18 lakh passengers in September, as compared with 45.87 lakh passengers flown previously.
Analysts say the decline in passenger demand was largely due to the fare hike by airlines . To spur demand, the full service airlines, including Jet Airways and Air India, have dropped fares by 40 per cent if passengers book in advance.
The data indicate that for the fourth successive month, demand was lower than the available capacity.
18/10/12 Business Line
