Covid-19 impact: Indian carriers continue to see subdued demand in August1 min read . Updated: 16 Sep 2020, 04:40 PM IST
The passenger load factor of major scheduled commercial airlines stood between 58% and 76%, which showed that carriers could fill up to three fourth of the total seats
NEW DELHI: Indian airlines operated a third of their scheduled domestic flights in August and ferried more passengers than previous months, but continued to witness muted demand compared to pre-covid days largely because of the rising number of infections across India.
Indian carriers flew 2.83 million passengers in August, down from 11.79 million in the year-ago period, showed monthly data released by the Directorate General of Civil Aviation on Wednesday.
The passenger load factor (PLF) of major scheduled commercial airlines stood at 58-76%. In August 2019, the PLF for major carriers stood at 78-90%. PLF, or load factor, measures the capacity utilization of transport services, including airlines.
India’s largest airline IndiGo had a 59.4% market share in August with a 65.6% load factor. It carried 1.68 million passengers during the month.
SpiceJet, which has a market share of 13.8%, registered 76% load factor to ferry 390,000 passengers.
Air India’s domestic load factor stood at 58.6% in August with a market share of 9.8%. The national carrier ferried 280,000 passengers during the month.
Vistara, the joint venture between Tata Sons and Singapore Airlines, reported a load factor of 68.3% and a 5% market share, while AirAsia India, a Tata Sons-AirAsia Berhad venture, reported 64.4% load factor and a 6.8% market share during the period. GoAir, which is controlled by the Wadia Group, reported 61% load factor and a 4.7% market share. In August, Vistara carried 140,000 passengers, while AirAsia India ferried 190,000 and GoAir ferried 130,000 passengers.
Around 40.12 million passengers were carried by domestic airlines during January-August, against 94.36 million during the corresponding period of the previous year, registering an annual growth of -57.48% and monthly growth of -75.99 %, the aviation regulator said.
During August, Vistara cancelled 14.99% flights and Air India cancelled 12.05% of its flights, while the overall cancellation rate of scheduled domestic airlines was at 4.01%.