Wednesday, July 21, 2021

India’s domestic air passenger traffic surges 47% in June, DGCA report; aviation stocks slump

Mumbai: India's domestic air passenger traffic jumped over 47 per cent in June as compared to May on the back of the unlocking process in the country after the second wave of covid-19.

The Directorate General of Civil Aviation (DGCA) on Monday released domestic air passenger traffic data for the month of June 2021.

The aviation regulator DGCA has allowed airlines to sell seats up to 65 per cent of in comparison to pre-covid capacity levels on domestic flights earlier in July, paving way for airlines to deploy more capacity on domestic routes.

As many as 3.11 million passengers travelled by air in June as compared to 2.12 million passengers reported in May 2021, DGCA’s air passenger data portrays.

IndiGo being the leader in the sector has carried 17.02 lakh passengers in June, with a 54.7 per cent share of the domestic market, followed SpiceJet, which flew 2.81 lakh passengers, comprising 9 per cent share of the market. 

While the state-run and cash-strapped Air India carried 5.14 lakh passengers in the month with a market share of 16.5 per cent.

21/07/21 ZeeBiz

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