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ICICI Securities Report
Weekly average daily fliers came in at 49,000 in the week ended May 23, 2021 versus 60,000 in the week ended May 16, 2021.
For the week ended May 23, 2021, average number of departures declined sharply to 790 vis-a-vis 948 in the prior week.
The number of fliers per departure declined to 62 from 64 in the respective weeks (this implies a passenger load factor close to 30%).
Average daily fliers dipped 19% week-on-week due to 16.7% drop in departures and 3% drop in the number of fliers per departure.
Dip in traffic is largely attributable to travel restrictions in line with Covid-19 guidelines and higher number of Covid cases.
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