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Domestic air passenger traffic up 47.18% in June: DGCA

According to the Directorate General of Civil Aviation (DGCA) released on Monday showed that India’s domestic air passenger traffic was up 47.18% in June as compared to May.

The DGCA has allowed airlines to sell seats up to 65% of an airline’s pre-covid capacity on domestic flights earlier in July paving way for airlines to deploy more capacity on domestic routes.

About 3.11 million passengers travelled by air in June, compared with 2.12 million passengers recorded in May, as per DGCA data.

IndiGo carried 17.02 lakh passengers in June, with a 54.7% share of the domestic market, while SpiceJet flew 2.81 lakh passengers, accounting for a 9% share of the market. While Air India carried 5.14 lakh passengers in the month and had a market share of 16.5%.

The passenger load factor or occupancy rate was at 62.7% for IndiGo, 71% for SpiceJet and 58.4% for Air India, the data showed. Passenger load factor of GoAir, Air Asia and Vistara stood at 70.9%, 54.4% and 60%, respectively.

As per of on-time performance, IndiGo was at the top position with 98.5 per cent, followed by Air Asia with 98.2% and SpiceJet with 96.7%. Go Air was at the bottom with 92.2% on-time performance.

Stock view:

Interglobe Aviation Ltd is currently trading at Rs1,680.25 down by Rs85.1 or 4.82% from its previous closing of Rs1,765.35 on the BSE.

SpiceJet Ltd ended at Rs75.75 down by Rs1.8 or 2.32% from its previous closing of Rs77.55 on the BSE.

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