Aviation Sector Update - Average Daily Fliers Go Beyond 90% Of Pre-Covid Levels: ICICI Securities

Aviation Sector Update - Average Daily Fliers Go Beyond 90% Of Pre-Covid Levels: ICICI Securities

Grounded aircraft stand at an airport in New Delhi. (Photographer: T. Narayan/Bloomberg)

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

ICICI Securities Report

The number of weekly average daily fliers stood at 3,64,000 (91% of the pre-Covid average seen between April 2019 - February 2020) in the week ended November 20, 2021 versus 3,52,000 in the week ended November 13, 2021.

For the week ended November 20, 2021, the average number of daily departures increased to 2,712 versus 2,678 in the previous week.

The number of fliers per departure rose to 134 versus 131 in the prior week.

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ICICI Securities Aviation Sector Update.pdf
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