Friday, September 16, 2022

Air traffic increases marginally in August

Domestic air traffic grew marginally by 3 per cent in August 2022 to 1 crore passengers against 97 lakh domestic passengers boarded planes in July.

India's newest airline Akasa Air could fill 53 per cent of their seats in August. The airline which started flying on 7 August with flights between Mumbai and Ahmedabad.

The airline currently has four Boeing 737 Max aircraft with a configuration of 189 seats.

Last week it added Chennai- the fifth destination to its network besides Ahemdabad, Mumbai, Bengaluru, Kochi. It will add Delhi to its network from next October.

IndiGo- India's largest airline flew the largest number of passengers with a market share of 58 per cent.

The Tata group airlines including Air India, Vistara and AirAsia India had 24 per cent market share as of August.

Airlines flew with an average seat occupancy of 75 per cent. with August being a monsoon heavy month which impacts travel. SpiceJet and Vistara had the highest occupancy of around 84 per cent.

Experts said that Akasa's load factor will increase subsequently as the airline gets more time to build forward load with more advance booking. Occupancy will also improve as the airline flies more on metro routes.

16/09/22 Arindam Majumder/Economic Times

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