Aviation Sector Update - Domestic Traffic And Passenger Load Factors Holding Firm: ICICI Securities

Aviation Sector Update - Domestic Traffic And Passenger Load Factors Holding Firm: ICICI Securities

Aircraft operated by IndiGo, a unit of InterGlobe Aviation Ltd., SpiceJet Ltd. 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 3.60 lakh in the week ended December 18, 2021 versus 3.58 lakh in the week ended December 11, 2021.

For week ended December 18, 2021, the average number of daily departures declined to 2,792 from 2,799 in the previous week, and the number of fliers per departure increased to 129 from 128.

November 2021 market share update: Sequentially, Go First / Indigo’s market share improved by 120 basis points / 80 basis points to 11% / 54.3%, while Air India / Air Asia / Vistara’s market share declined by 240 basis points/ 50 basis points / 30 basis points to 10.6% / 5.9% / 7.5% in November 2021.

Click on the attachment to read the full report:

ICICI Securities Aviation Sector Update.pdf
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This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

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