Tuesday, July 28, 2020

Ahead of IndiGo and SpiceJet earnings, passenger occupancy levels show fatigue

Flight occupancy held steady initially after airlines resumed operations when the coronavirus lockdown restrictions eased but the average number of passengers per plane has been falling in the past two weeks.
While load factors have hovered around 60 percent or lower in June, the interesting bit to find out here is who are the passengers. It was largely believed that air traffic would go down after the initial spike but it has been steady in the initial days. However, the last two weeks have seen the passenger numbers remain the same even while the number of flights go up, indicating a fall in traffic.
Read Ameya Joshi's analysis in full >>
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