Domestic air passenger traffic falls during April; Spicejet zooms 2%

According to data from the Directorate General of Civil Aviation (DGCA), around 5.72 million passengers travelled by air in April as compared with 7.83 million passengers in March.

May 21, 2021 02:05 IST India Infoline News Service

According to the media reports, domestic air passenger traffic in April decline due to surging in covid-19 infections across the country and resultant travel curbs imposed by states. Domestic airline operations were suspended between March and May 2020 as the government has imposed a lockdown.

According to data from the Directorate General of Civil Aviation (DGCA), around 5.72 million passengers travelled by air in April as compared with 7.83 million passengers in March.

The passenger load factor (PLF) of major scheduled commercial airlines was 52-70% in April, down from 64-75% in March.

IndiGo had a 53.9% market share and 58.7% PLF and it carried 3.08 million passengers in April, while SpiceJet carried 705,000 passengers registering a 70.8% PLF and 12.3% market share.

While, Air India’s domestic load factor was at 52%, with a market share of 12%, Vistara and AirAsia India carried about 311,000 and 355,000 passengers, respectively in the month of April.

Stock view:
SpiceJet Ltd is currently trading at Rs76.45, up by Rs1.6 or 2.14% from its previous closing of Rs74.85 on the BSE.

Interglobe Aviation Ltd is currently trading at Rs1,690.55, up by Rs21.05 or 1.26% from its previous closing of Rs1,669.50 on the BSE.

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