October 20, 2022
Indian airlines flew 10.35 million passengers on domestic routes during September FY23
Regarding Passenger Load Factor (PLF), last month witnessed 77.5% in domestic airline carriers
August FY23’s load factor stood at 72.5%
In September 2022, the combined market share of Vistara, Air India and AirAsia India in domestic passenger volumes stood at 24.7%
India’s domestic air passenger volume increased by 64.61% to 10.35 million in September FY23 over the same period last year, according to a report released by the Directorate General of Civil Aviation (DGCA).
Last year, 7.66 million passengers were flown by Indian domestic carriers across domestic routes. Regarding Passenger Load Factor (PLF), last month witnessed 77.5% compared to August FY23’s load factor of 72.5%, as per the report.
PLF is a metric used by airlines to measure how much passenger-carrying capacity is used.
According to the report, IndiGo led the total domestic traffic capacity at 57%, carrying about 6 million passengers across its domestic network, followed by Vistara with a 9.6% market share, and has flown about one million passengers.
In September 2022, the combined market share of Vistara, Air India and AirAsia India in domestic passenger volumes stood at 24.7%.
Implications
With the pandemic restrictions lifted across State borders and the resumption of business activities, Indian airlines are witnessing an increase in passenger traffic for domestic routes.
Source: Business Standard