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ICICI Securities Report
For the week ended October 03, 2020, average number of departures/day increased to 1,459 as compared to 1,442 in fourth week of September 2020 and number of fliers per departure improved to 102.
As per the latest data from Directorate General of Civil Aviation for the month of August 2020, number of passenger grew 34% month on month to 2.83 million.
In August 2020, all major airlines showed an improvement in passenger load factor, of which Spice Jet Ltd. reported highest PLF of 76%.
As on August 2020, Indigo’s market share remained steady at 59%.
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