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Domestic air passenger traffic rises by just 1.18% in September
Oct-18-2019

Showing further slowdown in the aviation sector, the domestic air passenger traffic rose by just 1.18 percent in September 2019 as compared to the same month last year. According to the Directorate General of Civil Aviation (DGCA) data, domestic airlines flew 11.79 million passengers in September 2019, as against 11.35 million passengers carried in the same month of last year. In August 2019, the domestic passenger growth was 3.87 percent compared to the same month last year.

As per data, the passenger load factor of four major airlines -- Air India, GoAir, AirAsia and Vistara -- declined in September as compared to August last year. In terms of market share, IndiGo maintained its lead position with 48.2 percent share of the domestic passenger market in September. SpiceJet's market share fell to 14.7 percent in September from 15.5 percent in August, giving it the number two spot. The market share of Air India, GoAir, AirAsia and Vistara was 13 percent, 11.5 percent, 6.3 percent and 5.8 percent, respectively, in September.

DGCA further said ‘the numbers are disappointing. They have pulled down our projection (for 2018-19)...to 4-6 percent. The good news is that we have managed to withstand the sad exit of Jet Airways and maintained a positive growth despite three months of negative or almost flat growth.' It also said that the loss in the fleet on account of Jet Airways has largely been recovered and it expects an all-time high fleet of more than 616 aircraft in the air in a month's time from now. With some more aircrafts joining fleet by December 31, it also expects a return to double digit growth in the early part of next year.

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