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ICICI Securities Report
Weekly average daily fliers came in at 65,000 in the week ended May 15, 2021 versus 82,000 in the week ended May 08, 2021.
For the week ended May 15, 2021, average number of departures declined sharply to 952 vis-a-vis 1,140 in the prior week.
The number of fliers per departure declined to 68 from 72 in the respective weeks (this implies a passenger load factor below 50%).
Average daily fliers dipped 21% week-on-week due to 16% drop in departures and 6% 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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