On the Day of Diwali, Airlines’ Passenger Load Factor Significantly Declines
On October 24, Diwali Day, most airlines reported lower occupancy, with their passenger load factor falling significantly to the range of 65 to 70% as opposed to 80 to 85% on recent days. On Monday, the day of the Diwali celebration, the largest Indian airline, Indigo, experienced PLF of 64.5%, while Vistara and Air India reported PLFs of 63.5% and 67.3%, respectively. Industry insiders claim that one of the key... Read More