Air traffic grows 37% in March; Indigo share up at 54.8%

Indigo continued to maintain its lead position, with a market share of 54.8% during March, from 51.3% in February. Air India’s market share slipped to 8.8% as against 11.1% in February, DGCA said.

Domestic air passenger traffic in the January-March period surged to 24.8 million, marking a 6.1% growth compared to the corresponding period last year, data from the Directorate General of Civil Aviation (DGCA) released on Wednesday showed.

The traffic in March was 37% more at around 10.6 million domestic passengers, compared to 7.69 million in February. The passenger load factors were above 80% for all Indian private carriers in March.

Indigo continued to maintain its lead position, with a market share of 54.8% during March, from 51.3% in February. Air India’s market share slipped to 8.8% as against 11.1% in February, DGCA said.

In terms of passenger load factor, Indigo witnessed a decline, as its PLF came down to 81% in March, as compared to 85.2% in the preceding month.

SpiceJet’s PLF dropped to 86.1% as against 89.1% in February. Air India’s PLF, however, marginally improved from 84.1% in the preceding month to 85% in March, according to a Moneycontrol report.

IndiGo carried 5.86 million passengers in March, a 54.8% share of the domestic market, the DGCA said. Go First was in number two position as it carried 1.04 million passengers in March.

SpiceJet flew 1.02 million passengers and Air India flew 936,000 passengers in March.

Source : https://www.financialexpress.com/industry/air-traffic-grows-37-in-march-indigo-share-up-at-54-8/2498513/