MENU

Published on 3/08/2019 10:28:53 AM | Source: Motilal Oswal Services Ltd

Aviation Sector - Domestic PAX growth improves to 6.5% YoY in Jun`19 - Motilal Oswal

Posted in Broking Firm Views - Sector Report| #Aviation Sector #Motilal Oswal #Sector Report

Now Get InvestmentGuruIndia.com news on WhatsApp. Click Here To Know More

Domestic PAX growth improves to 6.5% YoY in Jun’19

* Domestic air passenger (PAX) growth in India improved to 6.5% YoY (reaching 12.0m) in Jun’19 from ~2.8% YoY in the previous month. PAX, however, was down ~1.0% on an MoM basis.

* ATF price for the month (domestic – Delhi) was flat MoM at INR65,007/Kl.

 

India's domestic air PAX in Jun’19

* India's domestic air PAX increased ~6.5% YoY to 12.0m (v/s ~2.8% YoY in May’19 and ~18.4% YoY in Jun’18).

* SpiceJet’s PAX grew 36.9% YoY to 1.88m (v/s 23.6% YoY in May’19 and 7.6% in Jun’18); its market share was at 15.6% v/s 14.8% in May’19.

* GoAir’s PAX grew 26.1% YoY to 1.33m (v/s 31.0% YoY in May’19 and Jun’18); its market share was at 11.1% v/s 11.2% in May’19.

* IndiGo’s PAX grew 23.7% YoY to 5.78m (v/s 23.2% YoY in May’19 and 22.1% in Jun’18); its market share was at 48.0% v/s 49.2% in May’19.

* Air India’s PAX grew 12.1% YoY to 1.55m (v/s 7.3% YoY in May’19 and 12.8% in Jun’18); its market share was at 12.9% v/s 13.1% in May’19.

* Air Asia’s PAX grew 28.5% YoY to 0.8m (v/s 18.6% YoY in May’19 and 71.3% in Jun’18); its market share was at 6.4% v/s 6.3% in May’19.

* Vistara’s PAX grew 43.3% YoY to 0.6m (v/s 22.7% YoY in May’19 and 31.6% in Jun’18); its market share was at 5.4% v/s 4.8% in May’19.

 

Domestic industry’s load factor in Jun’19

* SpiceJet’s load factor stood at 93.7% (v/s 93.3% in Jun’18).

* GoAir’s load factor stood at 94.0% (v/s 88.6% in Jun’18).

* IndiGo’s load factor stood at 90.1% (v/s 88.3% in Jun’18).

* Air India’s load factor stood at 81.2% (v/s 80.6% in Jun’18).

* Air Asia’s load factor stood at 90.7% (v/s 74.0% in Jun’18).

* Vistara’s load factor stood at 83.3% (v/s 84.8% in Jun’18).

 

To Read Complete Report & Disclaimer Click Here

 

For More Motilal Oswal Securities Ltd Disclaimer http://www.motilaloswal.com/MOSLdisclaimer/disclaimer.html SEBI Registration number is INH000000412

 

Above views are of the author and not of the website kindly read disclaimer