City
Epaper

Fare normalcy, more capacity push up air passenger numbers

By IANS | Updated: July 22, 2019 22:25 IST

Air fare normalisation and additional capacity led to air passenger traffic growing in June, sector experts said on Monday.

Open in App

The Directorate General of Civil Aviation (DGCA) data has shown that air passenger traffic rose 6.19 per cent to 1.2 crore in June from 1.13 crore reported for the corresponding month of the previous fiscal.

In May, the air passenger traffic growth rate had inched up by 2.79 per cent to 1.21 crore on a year-on-year basis.

As per the data, January-June passenger traffic grew 3.21 per cent to 7.06 crore from 6.84 crore ferried during the corresponding period of the previous year.

"Airlines have introduced new aircraft to fill the reduction in air capacity on account of the shutdown of Jet Airways, leading to rationalisation of airfares on multiple routes," said Sharat Dhall, COO(B2C), Yatra.com.

"The sale announcement by airlines have further reduced fares leading to growth returning to the market and we expect this positive momentum to continue."

According to Aloke Bajpai, CEO and Co-founder, ixigo: "The uptick in traffic for June can be attributed to domestic and international airlines launching new routes, which have helped in bridging the capacity gap created in the Jet aftermath."

"A majority of travellers also postponed their summer travel plans this year to off peak months of June-July which can be another reason behind this growth. While we can see airfares of some routes normalising, resetting the capacity to what it was a year back will still take time."

In terms of market share, the data showed that IndiGo led the industry with the highest market share of 48.1 per cent, followed by SpiceJet (15.6 per cent), Air India (12.9 per cent), and GoAir (11.1 per cent).

AirAsia India had a market share of 6.4 per cent, followed by Vistara (5.4 per cent) and Turbo Megha (0.5 per cent).

Jet Airways, which suspended its operations on April 17, had a market share of 0.8 per cent.

( With inputs from IANS )

Tags: Jet AirwaysAir IndiaAirasia India
Open in App

Related Stories

MumbaiMumbai Rains: Flight Operations May Face Delays, Passengers Urged to Check Status

Navi MumbaiWhich Domestic and International Flights Will Take Off from Navi Mumbai Airport? Full List Inside

MumbaiMumbai Rains Disrupt Air Travel; Air India, IndiGo Issue Advisories, Urge Flyers to Check Flight Status

NationalAir India Flight AI2913 to Indore Returns After Takeoff Due to Fire Scare; All Passengers Evacuated

NationalAir India to Suspend Direct Delhi–Washington Services from September 1, Offers Alternate Routes

कारोबार Realted Stories

BusinessHyundai, Kia's US sales up 12.1 pc in Sep on robust EV demand

BusinessPension funds hail NPS reforms, call new framework a game-changer for sector

BusinessIndia’s economy stays resilient in April-September over robust consumption, investments

BusinessAnshul Garg Mohan – Mr. Ashutosh Gupta – SDM Noida and The Akshaya Patra Foundation – Supports 500 Govt. School Students With Bags And Bottles

BusinessSephora and Rare Beauty's "Make A Rare Impact" Join Forces for the Third Year in Honor of World Mental Health Day