01-01-1970 12:00 AM | Source: Accord Fintech
India`s domestic air traffic down 36.71% Y-o-Y in February: DGCA
News By Tags | #1139 #248

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

https://t.me/InvestmentGuruIndiacom

Download Telegram App before Joining the Channel

Indian aviation regulator -- the Directorate General of Civil Aviation (DGCA) in its latest data has showed that around 78.27 lakh (7.8 million) domestic passengers travelled by air in February 2021 which is 36.71 per cent lower than the corresponding period last year. Though, it is higher than 77.34 lakh people travelled by air within the country in January. The passenger load factor in the month of February 2021 has shown increasing trend compared to previous month primarily due to beginning of tourist season.

As per the data, IndiGo carried 42.38 lakh passengers in February, a 54.2 per cent share of the total domestic market, SpiceJet flew 9.62 lakh passengers which is 12.3 per cent share of the market. Air India, GoAir, Vistara and AirAsia India carried 9.16 lakh, 5.81 lakh, 5.4 lakh and5.21 lakh passengers respectively in February. The occupancy rate or load factor of the six major Indian airlines was between 67.9 per cent and 78.9 per cent in February.

India resumed domestic passenger flights on May 25 last year after a gap of two months due to the coronavirus pandemic. Indian airlines are allowed to operate a maximum of 80 per cent of their pre-COVID-19 domestic flights. The aviation sector has been significantly impacted due to the travel restrictions imposed in India and other countries in view of the coronavirus pandemic. All airlines in India have taken cost-cutting measures such as pay cuts, leaves without pay and layoffs in order to tide over the crisis.