Domestic air passenger traffic see monthly growth in August amidst a huge annual decline: ICRA1 min read . Updated: 07 Sep 2020, 11:35 PM IST
The PLF for August 2020 has sequentially improved from about 55% in July 2020 despite the increase in capacity deployment by 19%
NEW DELHI : Indian carriers reported a 25% sequential growth in domestic passenger traffic in August, though it plunged 77% from the year-ago period because of covid-19 disruptions, rating agency Icra said in a report on Monday.
Passenger load factor (PLF), or the number of seats filled in an aircraft, improved to about 63% in August for domestic airlines, from about 55% in July despite an increase in capacity deployment by 19%, said Kinjal Shah, vice president, Icra. The airlines had a PLF of 85.1% in August last year, Icra said. More than 7 million people have flown on domestic flights between 25 May and 31 August, Shah said.
“The number of flights departing has gradually increased from 416 on day 1 to 1,156 on day 101 (2 September. For August 2020, the average daily departures were 930, significantly lower than the average daily departures of 2,846 in August 2019, though better than 780 in July 2020. The average number of passengers per flight during August 2020 was 98, against an average of 133 passengers per flight in August 2019," Shah said.
Domestic flights resumed on 25 May after a two-month break. Initially, airlines were allowed to operate only up to a third of their total capacity, which was later increased to 45%, and to 60% last week.
Under the Vande Bharat Mission, which started on 7 May, international passenger traffic, both inbound and outbound, stood at 632,741 till 31 August. International air traffic was 216,666 in August, a 89% decline, the report said.