Sunday, July 21, 2019

Air traffic volume picks up again, inches up 6.2% in June

Domestic air passenger traffic rose 6.19% in June over the year-ago period, with local carriers flying 12.02 million passengers in the month, show the monthly data from regulator DGCA.

The uptick in June follows a marginal under 3% growth in May ferrying 112 million passengers. But this was after a 4.5% degrowth in April-the first time in six years--due to the grounding of Jet Airways and the resultant spike in ticket prices during the peak summer holidays.

The largest carrier Indigo, whose promoters Rahul Bhatia and Rakesh Gangwal are in a dog fight over a slew of issues, continued its market leadership ferrying 5.77 million passengers in the month, followed by rival Spicejet with 1.86 million, and Air India carrying 1.55 million passengers, show the DGCA data released Friday.
Goair, AirAsia India and Vistara transported 1.33 million, 7.72 lakh and 6.48 lakh passengers, respectively in the reporting month.

However, Indigo's market share declined 0.9% to 48.1%, while Spicejet cornered 15.6% of the traffic volume and Air India's had 12.9% of the pie.

Significantly for Indigo, this was the third consecutive loss of market share as it had notched up 49.9% in April, which declined to 49% in May.
In terms of seat factor, which is a measure of how much of an airline's capacity is used or average%age of seats filled, Goair unseated Spicejet, which had a long streak of highest load-factor, with 94% load factor in June, while Spicejet's stood at 93.7% and AirAsia India's at 90.7%.
The DGCA attributed the marginal improvement in traffic volume to the ongoing tourist season.
As per the DGCA data, Goair continued to top the on- time performance chart for the past many months with 86.8% of its flights departing and arriving on time from the four key airports, in June as well.
20/07/19 PTI/DNA
To Read the News in full at Source, Click the Headline

0 comments:

Post a Comment