While several domestic airlines ramped up their operations to fill Jet Airways created a void in the previous few months, the same has not spelt much success in terms of air passenger growth. For the July month, the passenger volume was up by only 3% on-year and though the July quarter is a seasonally slow time for carriers, a muted capacity expansion could also be one of the reasons for the subdued growth, a recent report by ICRA said. Also, even when a slew of domestic and international flights was launched in the past few months, most of them were international flights. <\/p>\n
\u201cIndigo and SpiceJet together accounted for about 62.8% of the domestic airline industry capacity during June 2019 \u2026 However, the addition has been higher on the international routes than domestic, thereby impacting the overall domestic industry capacity addition,\u201d Kinjal Shah, Vice President and Co-Head, Corporate Sector Ratings, ICRA, said.<\/p>\n","protected":false},"excerpt":{"rendered":"
While several domestic airlines ramped up their operations to fill Jet Airways created a void in the previous few months, the same has not spelt much success in terms of air passenger growth. For the July month, the passenger volume was up by only 3% on-year and though the July quarter is a seasonally slow time for carriers, a muted capacity expansion could also be one of the reasons for the subdued growth, a recent report by ICRA said. Also, even when a slew of domestic and international flights was launched in the past few months, most of them were […]<\/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-289532","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\/289532","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=289532"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/289532\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=289532"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=289532"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=289532"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}