Indian airline industry grows 23% in YTD 2016

Eleanor Steed
By Eleanor Steed September 21, 2016 14:55

Indian airline industry grows 23% in YTD 2016

Figures from the Directorate General of Civil Aviation (DGCA) show that the Indian civil aviation sector grew by 23.14% in the first eight months of 2016 in comparison to the same period last year.

Indian domestic carriers flew 644.68 lakh passengers during the reporting period this year, compared to 523.55 lakh last year. Load factors are consistently high but all but SpiceJet are showing declines.

SpiceJet had seat occupancy of 93.2%, while Jet Airways load factor was 92%, GoAir, IndiGo and AirAsia India had passenger load factor over 80%.

Air India load factor was 77.7% compared to 80.3% in July while Vistara was at 69.2% compared to 75.2% in the year-ago period. Air Carnival had a seat occupancy of 65.57%. It also had the highest rate of cancellation at 20%, which was followed by TruJet 13.06% and Air Costa 6.85%.

Eleanor Steed
By Eleanor Steed September 21, 2016 14:55