New Delhi: The next aviation war among the domestic carriers could be fought on the international sector with the current tailwinds for revenues and profits blowing in that direction.
Consider this: In the third quarter of fiscal 2015, Jet Airways's domestic revenue grew 6.8% over the same quarter last year to Rs 2,113.7 crore while its international revenue grew at more than twice that speed of 17.4% to Rs 3,089.9 crore during the same period.
The full-service airline fared better on the international sector even in terms of number of passengers carried during the same period, with its seat load factor at 86.3% compared with 82% on the domestic sector.
It was the same for budget airline SpiceJet Ltd, which started flying on foreign routes only a few years ago.
According to Kaneswaran Avili, chief commercial officer (CCO), the no-frill airline's growth in international air passenger traffic this fiscal month till date (MTD) compared with same period last year was 44% while revenue climbed 37%.
24/03/15 Praveena Sharma/Daily News & Analysis
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Consider this: In the third quarter of fiscal 2015, Jet Airways's domestic revenue grew 6.8% over the same quarter last year to Rs 2,113.7 crore while its international revenue grew at more than twice that speed of 17.4% to Rs 3,089.9 crore during the same period.
The full-service airline fared better on the international sector even in terms of number of passengers carried during the same period, with its seat load factor at 86.3% compared with 82% on the domestic sector.
It was the same for budget airline SpiceJet Ltd, which started flying on foreign routes only a few years ago.
According to Kaneswaran Avili, chief commercial officer (CCO), the no-frill airline's growth in international air passenger traffic this fiscal month till date (MTD) compared with same period last year was 44% while revenue climbed 37%.
24/03/15 Praveena Sharma/Daily News & Analysis
