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Published on 18/05/2021 12:13:45 PM | Source: ICICI Securities Ltd

Aviation Sector Update - Average daily flier dips to 126k at 50% PLF By ICICI Securities

Posted in Broking Firm Views - Sector Report| #Aviation Sector #Sector Report #ICICI Securities

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Weekly average daily fliers came in at 126k in the week ended (W.E) 1 st May’21 vs 152k in the W.E. 24th Apr’21. For the W.E. 1 st May’21, average number of departures declined sharply to 1,549 vis-à-vis 1,804 in the prior week.

The number of fliers per departure declined to 81 from 84 in the respective weeks. Average daily fliers dipped 17% WoW led by 14% drop in departures and 3% drop in number of fliers per departures.

Rising covid cases and increasing lockdown restriction from various states will remain an overhang on air traffic.

 

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