India’s Daily Fliers Weekly Average Settling Near 2.30 Lakh: ICICI Securities 
A traveler wearing personal protective equipment waits in line at the drop-off point to enter Terminal 3 of the Indira Gandhi International Airport (Photographer T. Narayan/Bloomberg)

India’s Daily Fliers Weekly Average Settling Near 2.30 Lakh: ICICI Securities 

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

As per the latest data from the Directorate General of Civil Aviation for November 2020, number of passenger grew 21% month-on-month to 6.35 million.

In Nov-20, all major airlines witnessed an improvement in passenger load factor.

SpiceJet Ltd. reported highest PLF of 78%, up 400 basis points month-on-month.

As of Nov-20-end, Indigo’s market share dropped to 53.9% from 55.5% in October 2020.

Click on the attachment to read the full report:

ICICI Securities Aviation Update_28Dec20.pdf

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