India Aviation Update - Average Daily Flier Remains Stable At 2.4 Lakh: ICICI Securities

India Aviation Update - Average Daily Flier Remains Stable At 2.4 Lakh: ICICI Securities

Travelers wearing protective mask sit outside at Netaji Subhas Chandra Bose International Airport in Kolkata, India. (Photographer Arco Dato/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

Weekly average daily fliers came in at 204,000 in the week ended August 28, 2021 versus 205,000 in the week ended August 21, 2021.

For the week ended August 28, 2021, average number of departures rose to 1,950 vis-a-vis 1,818 in the prior week.

The number of fliers per departure declined to 105 versus 113 in the prior week.

Average daily fliers fell 0.6% week-on-week due to 6.7% decline in number of fliers per departure while number of departures grew 7.3%.

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ICICI Securities Aviation Update.pdf
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