Domestic air traffic continues growing at over 20% rate in October

22 Nov 2016 Evaluate

Amid the cash chaos in the country, there is good news for domestic aviation sector, who continued flying more and more passengers, with latest figures showing a growth of 23.18% in air traffic till October, this year, compared with the same period, last year. As per the Directorate General of Civil Aviation (DGCA) data, domestic airlines during January-October 2016 carried 813.70 lakh passengers as against 660.60 lakh during the corresponding period of previous year. During October this year they carried 86.72 lakh passengers, compared to 70.39 lakh passengers flown during the same period in the previous year.

Company wise, while SpiceJet continued to report highest load factors in the industry of 91.9% followed by IndiGo at 84.9%, which also maintained its lead in the domestic market by carrying 42.6% of the total passengers during the month followed by Jet Airways group that carried 17.1% of the total number. The DGCA however noted that the passenger load factor in October has “almost remained constant”, compared with the previous month, primarily due to the end of the tourist season. In terms of on-time performance -- SpiceJet led the industry with 86.1 per cent punctuality rate at four major airports of Bengaluru, Delhi, Hyderabad and Mumbai, followed by Vistara 83.6 per cent and IndiGo 81.2 per cent.

IndiGo achieved the highest market share in the month under review at 42.6 per cent followed by Jet Airways 14.7 per cent, Air India 13 per cent, SpiceJet 12.9 per cent, GoAir 7.9 per cent and Vistara and AirAsia India both at 2.7 per cent each. LCC JetLite reported a market share of 2.4 per cent, followed by Air Costa 0.6 per cent, Trujet 0.4 per cent and Air Carnival 0.1 per cent.

During the month, the domestic airlines paid over Rs 1.86 crore as compensation to over 69,000 passengers affected by cancellations and flight delays, among others. The law stipulates that airlines should pay compensation starting from Rs 2,000 going up to Rs 4,000 for delayed or cancelled flights, while Rs 2,000 is to be paid for delays in flights having a block time of one hour, Rs 4,000 is for flights with a block time of two hours or more.

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