India’s Domestic Air Passenger Traffic Lower, Departures Higher: ICICI Securities
Travelers wearing protective mask arrive at Netaji Subhas Chandra Bose International Airport in Kolkata, India (Photographer Arco Dato/Bloomberg)

India’s Domestic Air Passenger Traffic Lower, Departures Higher: 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 Directorate General of Civil Aviation for November 2020, number of passengers 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 at Nov-20-end, Indigo’s market share dropped to 53.9% from 55.5% in Oct-20.

Click on the attachment to read the full report:

ICICI Securities Aviation Sector Update_21Dec20.pdf

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