Civil Aviation - #SectorUpdates

The domestic air traffic in India witnessed a near 47 per cent month-on-month jump at 10.355 million passengers. According to data released by Directorate General of Civil Aviation (DGCA), the average passenger load factor (PLF) – a metric that measures capacity utilisation was at over 77 per cent across 10 players. The increase in air traffic is driven primarily by strong festival bookings. The booking demand was strengthened on the back of multiple festivals such as Dusshera and Diwali. Domestic air travel is likely to increase as people visit their home-towns and even plan vacations during this break. Airlines have the capacity to cater to this demand as the capacity utilisation levels are still below pre-covid levels. The passenger traffic is expected to sustain a healthy growth momentum given the uptick in economic activity as well as the expected traffic ramp-up in the coming months ahead.

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