ADVERTISEMENT

India Aviation - Average Daily Flier Rises To 2.2 Lakh: ICICI Securities

India Aviation - Average Daily Flier Rises To 2.2 Lakh: ICICI Securities

<div class="paragraphs"><p>Travelers wearing protective mask arrive at Netaji Subhas Chandra Bose International Airport in Kolkata, India. (Photographer: Arco Dato/Bloomberg)</p></div>
Travelers wearing protective mask arrive 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 220,000 in the week ended September 04, 2021 versus 204,000 in the week ended August 28, 2021.

For the week ended Sept-04, 2021, average number of departures rose to 1,970 vis-a-vis 1,950 in the prior week.

The number of fliers per departure increased to 111 versus 105 in the prior week.

Average daily fliers grew 7.8% week-on-week due to 6% increase in number of fliers per departure 1% increase in number of departures.

Click on the attachment to read the full report:

ICICI Securities Aviation Update.pdf

DISCLAIMER

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.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.