Tuesday, August 16, 2022

High ticket prices have not scared away Indian fliers

The figures for May 2022 were close to the pre-Covid figures. In February 2020, Indian domestic carriers carried 1.28 crore passengers

PRAVASISAMWAD.COM

The monthly data for May published by the Indian aviation regulator, DGCA, shows that domestic carriers carried 1.2 crore passengers – a high figure after the Covid 19 pandemic disrupted travel globally in early 2020. The figures for May 2022 were close to the pre-Covid figures. In February 2020, Indian domestic carriers carried 1.28 crore passengers.

In April 2022, the number of passengers being transported by domestic carriers was 1.10 crore, registering close to 10 per cent monthly growth, reported ETTravelWorld. The report also mentioned that the high ticket prices, largely due to the high Aviation Turbine Fuel (ATF) rates, have not dampened the travelling spirit of the Indian fliers.

Passengers carried by domestic airlines during Jan-May 2022 were 4.79 crore as against 3.12 crore during the corresponding period of the previous year thereby registering an annual growth of 53.35 per cent and monthly growth of 471.10 per cent. On a month-on-month basis, May 2021 witnessed a slump in passenger traffic due to the second major outbreak of Covid19 cases across India.

While IndiGo continued to dominate the domestic market with over 55 per cent share, GoFirst claimed the second spot with over 10 per cent share of the domestic market in May

Passenger Load Factors (PLF) also witnessed an improvement in May 2022. All the leading carriers recorded above 80 per cent passenger load factors, the highest being SpiceJet with 89 per cent PLF.

In terms of market share, the past months saw the emergence of GoFirst as a major gainer in market share. While IndiGo continued to dominate the domestic market with over 55 per cent share, GoFirst claimed the second spot with over 10 per cent share of the domestic market in May.

Air India was the only carrier that saw a drop in passenger numbers and market share in May 2022.

******************************************************

Readers

These are extraordinary times. All of us have to rely on high-impact, trustworthy journalism. And this is especially true of the Indian Diaspora. Members of the Indian community overseas cannot be fed with inaccurate news.

Pravasi Samwad is a venture that has no shareholders. It is the result of an impassioned initiative of a handful of Indian journalists spread around the world.  We have taken the small step forward with the pledge to provide news with accuracy, free from political and commercial influence. Our aim is to keep you, our readers, informed about developments at ‘home’ and across the world that affect you.

Please help us to keep our journalism independent and free.

In these difficult times, to run a news website requires finances. While every contribution, big or small, will makes a difference, we request our readers to put us in touch with advertisers worldwide. It will be a great help.

For more information: pravasisamwad00@gmail.com

 

Roma Ghosh
Roma Ghosh has recently retired as Associate Professor for Media Studies from an international university. She was with the Times of India as a correspondent for many years. Her passion is cooking and she has been doing recipes and photo shoots for Women's Era for the last 15-odd years.

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -

EDITOR'S CHOICE