DOMESTIC AIR TRAVEL DEMAND IN JAN FALLS 41% TO 76 LAKH FLIERS

Domestic air travel demand contracted by 41 per cent year-on-year to around 76 lakh passengers in January with sequential growth also slowing down to 3.5 per cent during the month over December 2020, a report said on Monday.

Indian carriers had flown a total of 1.27 crore passenger son domestic routes in January 2020.

Indian aviation industry has witnessed a continued recovery in domestic passenger traffic in January 2021. However, the pace of growth slowed down in the reporting month, with a sequential growth( over December 2020) of around 3.5 percent to around 76 lakh passengers, rating agency Icra said in a release.

On a y-o-y basis, however, domestic passenger traffic declined by around 41 per cent in January over the same month of 2020, it added.

The capacity deployment in the previous month at around 71 percent is a significant increase over the 59 percent capacity deployed in November last year and around 67 per cent in December, Icra said.

The number of flights departing has also gradually increased from 416 on Ma y 25,2020, when commercial air passenger services resumed, to 2,294 till January 18, 2021, said Kinjal Shah, Vice President at Icra.

For January 2021, the average daily departures were around 2,190, significantly lower than the average daily departures of 3,080 in January 2020, though better than around 2,048 in December 2020, she said.

"The average number of passengers per flight during January 2021 was 111, against an average of 134 passengers per f light in January 2020. Thus, it is expected that the domestic aviation industry opera ted at a passenger load factor (PLF) of around 72 per cent in the previous month against 86 percent in January 2020, that to oona low capacity," she added.