• About
  • Contact
  • Privacy Policy
Wednesday, January 27, 2021
No Result
View All Result
  • Home
  • News

    IndiGo Agra-Bangalore and Bhopal Flight to Start from March 28, Details

    Vistara Offering World’s First Arc 3D Inflight Map Application

    IndiGo Achieves 80% of Pre-COVID Capacity, Predicts 2022 Will be Profitable

    Vistara Starts Flying to Sharjah From Today, Check Flights

  • Airlines
    • AirAsia India
    • Air India
    • GoAir
    • IndiGo
    • Spicejet
    • Vistara
    • Network
  • Hospitality
    • All
    • Hotels
    • Tourism

    Vistara Has Partnered with the Indian Hotels Company for Its Loyalty Program; Club Vistara Program Gets Bolstered

    Ginger Signs A New Hotel In Zirakpur, Chandigarh

    Hotels in India: What Changes Are You Going to See?

    Indian Hotels on an Aggressive Expansion Plan to Open One New Hotel Every Month in FY21

    Taj and Marriott Working With New Rules to Resume Business

    Ritz Carlton India’s Stringent Measures to Keep Customers Safe

    • F&B
    • Hotels
    • Tourism
  • Luxury

    Indian Hotels on an Aggressive Expansion Plan to Open One New Hotel Every Month in FY21

    ITC Maurya, New Delhi: Explore One of the Most Luxurious Hotels in India

    Emirates Business Class: Arguably One of the Best Luxury Experiences

  • Technology
    • All
    • Aerospace
    • Apps

    Dassault Systèmes Selected by Ball Aerospace for Multiyear Digital Engineering Contract

    Ramco Systems Adds a Leading Helicopter OEM to Its Clientele

    Ministry of Aviation to Rank Airline Services based on Customer Feedback

    • Aerospace
    • Apps
    • Web Services
  • More
    • Aircraft Manufacturers
    • Airports
      • Lounges
    • Analysis
      • Insights
    • Aviation Jobs
    • Brands
      • CSR
      • Leadership
      • Legal
      • Reports
      • Results
      • Sustainability
    • Cards
    • Cargo
    • Defence
    • Drones
    • Environment
    • Events
      • Air Shows
      • Launches
    • Experience
      • Aircraft
      • Inflight Experience
      • Onboard Experience
      • Onground Experience
  • Miscellaneous
    • Air Ambulance
    • Aviation Crew
    • Awards
    • How To
    • Inflight Food
    • Interviews
    • Logistics
    • Loyalty Programmes
    • Offers
    • Orders & Deliveries
    • Private Air Charter Service
    • Reviews
  • Community
  • Home
  • News

    IndiGo Agra-Bangalore and Bhopal Flight to Start from March 28, Details

    Vistara Offering World’s First Arc 3D Inflight Map Application

    IndiGo Achieves 80% of Pre-COVID Capacity, Predicts 2022 Will be Profitable

    Vistara Starts Flying to Sharjah From Today, Check Flights

  • Airlines
    • AirAsia India
    • Air India
    • GoAir
    • IndiGo
    • Spicejet
    • Vistara
    • Network
  • Hospitality
    • All
    • Hotels
    • Tourism

    Vistara Has Partnered with the Indian Hotels Company for Its Loyalty Program; Club Vistara Program Gets Bolstered

    Ginger Signs A New Hotel In Zirakpur, Chandigarh

    Hotels in India: What Changes Are You Going to See?

    Indian Hotels on an Aggressive Expansion Plan to Open One New Hotel Every Month in FY21

    Taj and Marriott Working With New Rules to Resume Business

    Ritz Carlton India’s Stringent Measures to Keep Customers Safe

    • F&B
    • Hotels
    • Tourism
  • Luxury

    Indian Hotels on an Aggressive Expansion Plan to Open One New Hotel Every Month in FY21

    ITC Maurya, New Delhi: Explore One of the Most Luxurious Hotels in India

    Emirates Business Class: Arguably One of the Best Luxury Experiences

  • Technology
    • All
    • Aerospace
    • Apps

    Dassault Systèmes Selected by Ball Aerospace for Multiyear Digital Engineering Contract

    Ramco Systems Adds a Leading Helicopter OEM to Its Clientele

    Ministry of Aviation to Rank Airline Services based on Customer Feedback

    • Aerospace
    • Apps
    • Web Services
  • More
    • Aircraft Manufacturers
    • Airports
      • Lounges
    • Analysis
      • Insights
    • Aviation Jobs
    • Brands
      • CSR
      • Leadership
      • Legal
      • Reports
      • Results
      • Sustainability
    • Cards
    • Cargo
    • Defence
    • Drones
    • Environment
    • Events
      • Air Shows
      • Launches
    • Experience
      • Aircraft
      • Inflight Experience
      • Onboard Experience
      • Onground Experience
  • Miscellaneous
    • Air Ambulance
    • Aviation Crew
    • Awards
    • How To
    • Inflight Food
    • Interviews
    • Logistics
    • Loyalty Programmes
    • Offers
    • Orders & Deliveries
    • Private Air Charter Service
    • Reviews
  • Community
Home News

Air Passenger Traffic Grows 3.3% in May 2019: ICRA

by Ria Lakshman
July 16, 2020
in News
0

After a drop of 4.4% in April, Air passenger traffic in India has reported a growth of 3.3% in May 2019, according to ICRA report. The growth is attributed to the capacity increase of the airlines and the resulted moderation of airfare.

IndiGo and SpiceJet have added around 15 and 25 aircraft in April and May 2019, registering a fleet growth of 7% and 33% respectively from March 2019. The duo together accounts for 62% of the domestic airline capacity.

While Indigo has announced a 30% increase in its capacity in FY2020 (approximately half of which will be for domestic operations), SpiceJet has announced an increase of 80%. As the airlines continue to expand their fleet, resulting in a gradual correction in the demand-supply imbalance and thus a further moderation in airfares, the domestic passenger traffic growth is expected to continue to increase, said Kinjal Shah, Vice President and Co-Head, Corporate Sector Ratings, ICRA.

All airlines have reported a month-on-month increase in their passenger load factor (PLF). Considering PLF on a year-on-year basis, only Air India and GoAir have reported improvements.

ICRA predicted that the airlines would start facing pressures on yields and thereby, profitability.

Meanwhile, the Civil aviation minister Hardeep Singh Puri has promised to help airlines to solve the problems affecting the aviation industry’s growth. “We have some turbulence in the sky. But I am confident we can meet that turbulence and turn it around,” Puri said at a conference organized by industry chamber Confederation of Indian Industry (CII).

The industry became crippled after the grounding of Jet Airways. It (aviation) is a sector which I believe has tremendous potential and we have every intention to exploit that potential to make it grow and, in the coming years, we (can) become a leader in that sector. There are many mistakes we have made in the past. We need to correct those. We need to give domestic carriers a level playing field, Minister said.

Tags: Air Passenger Trafficicra
ShareTweet
Previous Post

Air India Unions Do Not Want Privatisation of Airline, Send Out Letter to PM

Next Post

SpiceJet Stock Surges 9%, IndiGo Reports 42x Rise in Net Profit

Ria Lakshman

Ria is a lead news writer at Aviation Scoop. She writes from dawn to dusk, reads in the evenings, and draws at some ungodly hours. She loathes human interaction, and finds solace in the sweet, musky smell of old books, and rain. Find her on Twitter here - @rialakshman.

Related Posts

No Content Available
Next Post

SpiceJet Stock Surges 9%, IndiGo Reports 42x Rise in Net Profit

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Vistara ‘The Grand 6th Anniversary Sale’, All You Should Know

January 8, 2021

Bangalore Airport Finally Gets CAT-III B Compliant Runway

January 1, 2021

Vistara Starts Flying to Sharjah From Today, Check Flights

January 20, 2021

Kempegowda International Airport to Get Train Services from Today

January 4, 2021

IndiGo Agra-Bangalore and Bhopal Flight to Start from March 28, Details

January 25, 2021

Popular News

  • GoAir Baggage Allowance Policies, Extra Charges and Rules You Must Know

    0 shares
    Share 0 Tweet 0
  • Difference Between Low-cost and Full-service Carriers

    0 shares
    Share 0 Tweet 0
  • Everything You Need to Know About IndiGo Flexi Plus Fares

    0 shares
    Share 0 Tweet 0
  • IndiGo Travel Mandates: Mandatory Aarogya Setu App and Web Check-In

    0 shares
    Share 0 Tweet 0
  • Vistara Baggage Allowance Policies, Extra Baggage Charges and All You Need to Know

    0 shares
    Share 0 Tweet 0

About Us

Aviationscoop

Aviationscoop is a dedicated portal catering to reporting the latest news, updates, trends and information about the aviation sector in India and beyond.

Newsletter

Enter your email address:

Delivered by FeedBurner

  • About
  • Contact
  • Privacy Policy

© 2020 Aviationscoop.

No Result
View All Result
  • Home
  • News
  • Airlines
    • AirAsia India
    • Air India
    • GoAir
    • IndiGo
    • Spicejet
    • Vistara
    • Network
  • Hospitality
    • F&B
    • Hotels
    • Tourism
  • Luxury
  • Technology
    • Aerospace
    • Apps
    • Web Services
  • More
    • Aircraft Manufacturers
    • Airports
      • Lounges
    • Analysis
      • Insights
    • Aviation Jobs
    • Brands
      • CSR
      • Leadership
      • Legal
      • Reports
      • Results
      • Sustainability
    • Cards
    • Cargo
    • Defence
    • Drones
    • Environment
    • Events
      • Air Shows
      • Launches
    • Experience
      • Aircraft
      • Inflight Experience
      • Onboard Experience
      • Onground Experience
  • Miscellaneous
    • Air Ambulance
    • Aviation Crew
    • Awards
    • How To
    • Inflight Food
    • Interviews
    • Logistics
    • Loyalty Programmes
    • Offers
    • Orders & Deliveries
    • Private Air Charter Service
    • Reviews
  • Community

© 2020 Aviationscoop.