The aviation industry does not seem to have a fix to the sudden vacuum created by the exit of Go First as it grapples with capacity constraints leaving flyers to bear the consequence of free market dynamics with stubbornly high fares.
Airlines are sweating their assets to the maximum to catch up with demand which continues to outpace the seat supply in the market, as Go First completes a month of halted operations. On June 2, the passenger load factors (PLF) of six operational airlines controlling 92% of the market inched up to 90% from an average of 88% in April.
