National carrier Air India has failed to capitalise on shutdown of Jet Airways so far, with its domestic passenger traffic falling since April due to grounding of aircraft for want of service and spares. The state-owned carrier, which carried 13.9% of the total domestic passengers in April 2019, reported 12.4% market share for the month of July, according to the data released by directorate general of civil aviation (DGCA) on Thursday.<\/p>\n
Analysts believe that Air India\u2019s performance has been affected due to 15 aircraft which have been grounded for over a year now. The airline, which has a fleet of 128 aircraft, plans to bring these aircraft back into service by October end. \u201cDespite getting slots from Jet\u2019s quota Air India hasn\u2019t made gains in the domestic market. It hasn\u2019t added significant capacities as more than 10% of its fleet is grounded for spares\u201d an analyst with a foreign brokerage firm pointed out.<\/p>\n
Meanwhile, overall domestic passenger traffic continue to move in the slow lane; the traffic grew by 3% year-on-year amid higher fares and weak travel demand due to off season.<\/p>\n","protected":false},"excerpt":{"rendered":"
National carrier Air India has failed to capitalise on shutdown of Jet Airways so far, with its domestic passenger traffic falling since April due to grounding of aircraft for want of service and spares. The state-owned carrier, which carried 13.9% of the total domestic passengers in April 2019, reported 12.4% market share for the month of July, according to the data released by directorate general of civil aviation (DGCA) on Thursday. Analysts believe that Air India\u2019s performance has been affected due to 15 aircraft which have been grounded for over a year now. The airline, which has a fleet of […]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[196,130,138],"tags":[],"class_list":["post-288509","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/288509","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=288509"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/288509\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=288509"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=288509"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=288509"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}