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India Aviation - Average Daily Traffic Remains Steady At 165,000 Albeit At Lower PLF: ICICI Securities

India Aviation - Average Daily Traffic Remains Steady At 165,000 Albeit At Lower PLF: ICICI Securities

An aircraft operated by IndiGo, a unit of InterGlobe Aviation Ltd., prepares to land at Chhatrapati Shivaji International Airport in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)
An aircraft operated by IndiGo, a unit of InterGlobe Aviation Ltd., prepares to land at Chhatrapati Shivaji International Airport in Mumbai, India. (Photographer: Dhiraj Singh/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 165,000 in the week ended July 24, 2021 versus 166,000 in the week ended July 17, 2021.

For the week ended July 17, 2021, average number of departures increased to 1,785 vis-a-vis 1,623 in the prior week.

The number of fliers per departure fell sharply to 93 versus 102 in the prior week.

Average daily fliers fell 0.5% week-on-week due to 10% growth in departures and 9% decline in number of fliers per departure.

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ICICI Securities Aviation Update .pdf

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