Industry-wide passenger load factor rose to 62.9% in June from May's 50.5%. SpiceJet had the highest load factor of 70%.
The International Air Transport Association, in a report published earlier in June stated that Asia-Pacific airlines fared the worst among various regions.
As Covid pandemic continues to affect the aviation sector, Kempegowda International Airport, Bengaluru informed that passenger traffic at Bengaluru airport has plummeted by 66% in FY 2020-21
But the grim reality is that the average daily passengers for June from the second week is still around 40 per cent of the levels reached in March when it rose to 313,000 passengers a day
Domestic air traffic nosedived to 19.20 lakh passengers in May from around 57.3 lakh in April, registering a sharp 65-67 per cent month-on-month contraction on account of the second wave of the pandemic, a report said on Thursday. With such a sharp fall, the domestic passenger traffic reached lower than the June-July 2020 levels, rating agency Icra said. At the same time, the airlines' capacity deployment for May was lower by around 54-55 per cent 27,700 departures, compared to about 60,300 departures in April this year, indicating the lower demand stemming from averseness of consumers to travel due to the rise in infections, it said. For May 2021, the average daily departures were around 900, significantly lower than around 2,000 in April 2021. The average number of passengers per flight during May was 72, against an average of 93 passengers per flight in April 2021, said Kinjal Shah, Vice President and Co-Group Head at Icra. The gradual decline depicts the continuing stress on ..
The pandemic continues to weigh on the airline sector
India resumed its scheduled domestic passenger flights on May 25, 2020 after keeping them suspended for a period of two months due to the coronavirus-induced lockdown
Air passenger traffic and aircraft movements are predicted to reach pre-COVID levels in early 2021, according to the Economic Survey 2020-21 released on Friday
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India's domestic passenger traffic has reached more than half of pre-coronavirus pandemic level operations with the number of daily air travellers crossing over two lakh in November
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Passenger traffic on year-on-year basis, however, plunged by 77 per cent in August, Icra said
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Airlines are forecasting a 55% decline in 2020 air traffic, according to IATA, which reported 85% of surveyed travelers expressed concerns about quarantine
Agency expects sharp decline in GoAir's revenue and operating margin in FY21; Airline's net loss estimated at Rs 1,346 cr in FY20 as against Rs 123 cr profit in FY19
Similarly, India's air passenger traffic in the international sector is expected to plunge by 60-65 per cent, Crisil Research said
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It also said the aviation infrastructure industry is amongst the most severely impacted by the Covid-19 crisis and the setback is expected to be substantial in the near term
"This is a rate of decline never seen in the history of IATA's traffic series, which dates back to 1990," said a press release by the organisation that has around 300 airlines as its members