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BUSINESS

May domestic air passenger traffic grows by 2.96%


after slump in April
Sectoral experts had pegged increase in fares due to restrained capacity on account of
suspension of Jet’ operations could be hurdle for tra c growth.
By ENS Economic Bureau | • New Delhi |
Updated: June 19, 2019 3:12:53 am

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This was the rst full month after Jet Airways suspended operations. (Source: File Photo)

Following a dip in April, domestic air passenger tra c saw a rebound in May increasing 2.96
per cent year-on-year, according to data released by the Directorate General of Civil Aviation
(DGCA). This was the rst full month after Jet Airways suspended operations. In April,
domestic air passenger tra c had dropped by 4.5 per cent over the same month last year.
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Suspension of operations by Jet Airways on April 17 due to lack of funds was considered to be
one of the primary reasons why domestic air tra c saw a fall in that month. IndiGo, which had

2
a market share
Investors of 49.9toper
continue cent
dump JetinAirways
April, maintained its tank
shares; further lead 15%
position with 49 per cent share of
the domestic passenger market in May. Experts believe that the airline will become subject to
greater regulatory scrutiny from the Competition Commission of India once its market share
crosses 50 per cent.

3IndiGo picks CFM engines over P&W for next batch of 280 Airbus aircraft
SpiceJet’s market share increased from 13.1 per cent in April to 14.8 per cent in May, giving it
the number two spot, as per the data. The market share of Air India, GoAir, AirAsia and Vistara
were 13.5 per cent, 11.1 per cent, 6.3 per cent and 4.7 per cent, respectively, in May this year.

The passenger load factor (PLF) – which is measured by dividing the number of passengers to
the number of available seats in a ight – for SpiceJet was 93.9 per cent in May, as per the
data. “For the 50th month in a row SpiceJet has own with the highest loads in India. In May,
our PLF stood at 93.9 per cent. This is a feat unparalleled in global aviation industry and a huge
milestone for SpiceJet. This record rmly establishes SpiceJet’s standing as country’s most
preferred airline,” said Shilpa Bhatia, Chief Sales and Revenue O cer of SpiceJet. For GoAir,
IndiGo, Air Asia and Vistara, the passenger load factor stood at 93.3 per cent, 90.9 per cent,
87.8 per cent and 85.6 per cent, respectively, in May. Air India’s passenger load factor was at 85
percent in May, the DGCA data showed.

Sharat Dhall, Chief Operating O cer (B2C) of Yatra.com, said: “Considering the slow growth in
the last two months due to turbulence in the aviation industry, it is encouraging to see a month-
on-month growth of 2.96 per cent.” “Induction of new aircraft and discounts offered by the
airlines has marginally lifted the passenger tra c. We expect higher growth in the coming
months as more seat capacity comes in and airlines are also likely to announce further sales
as we move into the off-peak period,” he added.

Sectoral experts had earlier pegged that increase in fares due to restrained capacity on account
of suspension of Jet’ operations could be a hurdle for India’s air tra c growth. India’s domestic
air tra c witnessed double digit growth for 24 straight months.

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HomeInvestors continue
/ Business to dump
/ Aviation / Jet
MayAirways
Domesticshares; furtherTra
Air Passenger tank 15% By 2.96% After Slump In April
c Grows

3IndiGo picks CFM engines over P&W for next batch of 280 Airbus aircraft
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