Tuesday, December 31, 2019

India to end 2019 with 640 civilian aircraft, 4% traffic growth despite economic slowdown

New Delhi: India is expected to end the calendar year 2019 with around 640 civilian aircraft and a 4 per cent jump in passenger traffic despite a general economic slowdown along with the grounding of a major domestic carrier.

According to Arun Kumar, Director General of the Directorate General of Civil Aviation: "Domestic airlines have augmented capacity since Jet's grounding. At that time the number of total aircraft in the country had fallen to 540."

Subsequently, the capacity augmentation led to the growth of passenger traffic which is expected to be around 4-5 per cent for the calendar year 2019.

"The capacity augmentation has led to the growth of passenger traffic which had drastically fell after Jet's grounding. We estimate a growth of 4-5 per cent for the year 2019," Kumar told IANS.

"This growth has occurred despite the subdued economic environment and capacity constraint caused due to Jet's grounding."

Lately, passenger traffic had contracted in April-September due to factors such as economic slowdown, high fares and capacity constraint.

Nevertheless, lower fares, the onset of tourist season and the addition of new routes by domestic airlines pushed the passenger traffic higher.

While in October, the traffic growth rate had inched up 3.98 per cent to 1.23 crore on year-on-year basis.In November, the traffic grew by 11.18 per cent to 1.29 crore from 1.16 crore reported for the year-ago m

The data also showed that January-November passenger traffic grew by 3.86 per cent to 13.11 crore from 12.62 crore ferried during the year-ago period.

A recent International Air Transport Association's (IATA) traffic report showed that India's year-on-year domestic air passenger traffic growth rate to 3.6 per cent in October from 1.6 per cent in September.
31/12/19 IANS/India Today
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