Wednesday, August 05, 2020

Airlines still operating less than a third of flight services compared to July 2019: ICRA

Despite an increase in the number of flights being operated, domestic airlines are operating less than a third of normal flights, said rating agency ICRA. The agency said airlines operated at a much lower capacity of around 27 percent in July 2020 compared to July 2019 level.
However, there was a marginal increase of over the 25 percent capacity achieved in June 2020, Business Standard has reported.
Domestic flight operations resumed in a staggered manner on May 25 after a two-month suspension owing to the coronavirus lockdown.
"The number of flights departing has also gradually increased from 416 on day 1 to 890 on day 69 (July 31). For July, the average daily departures were 780, significantly lower than average daily departures of 2,845 in July 2019. The number stood at 723 in June. The average number of passengers per flight during July was 86 as against an average of 134 passengers per flight in July 2019," said Kinjal Shah, Vice President, ICRA.
Despite an increase in the number of flights being operated, domestic airlines are operating less than a third of normal flights, said rating agency ICRA. The agency said airlines operated at a much lower capacity of around 27 percent in July 2020 compared to July 2019 level.
However, there was a marginal increase of over the 25 percent capacity achieved in June 2020, Business Standard has reported.
Domestic flight operations resumed in a staggered manner on May 25 after a two-month suspension owing to the coronavirus lockdown.
04/08/20 Moneycontrol.com
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