Domestic air passenger traffic slips to 1.8% in July: Report

MUMBAI: India’s domestic air passenger demand plummet to 1.8 per cent in July following the end of tourist season while the cumulative growth in traffic in the first four months stood at a mere 1.6 per cent, the report said.

According to rating agency IcraNSE 0.25 %, the international traffic catered by the domestic airlines de-grew 14.7 per cent in July over 0.6 per cent of the industry with the local carriers continuing to underperform the industry on international routes and their market share declining by 528 basis points to 32.1 per cent in July over the year-ago period on account of the under-performance.

The growth in the industry capacity (measured in available seat kilometres ASKMs) continued to be muted in July at 3.5 percent, primarily due to the grounding of Jet AirwaysNSE -2.89 %.

Read more

You may also like

Comments are closed.