Business Standard

Air traffic dips 33% in March, with zero flyers in last 6 days

- ARINDAM MAJUMDER

Passenger numbers for Indian airlines fell 33 per cent in March, compared to the correspond­ing period last year. From March 24 midnight, India had announced a nationwide lockdown — one of the harshest measures declared by any government across the world — to contain the spread of novel coronaviru­s.

Airlines had zero passengers for the last six days in March. The data was released by Directorat­e General of Civil Aviation (DGCA) on Thursday evening.

In March, airlines flew 7.8 million passengers, against 11.5 million in the same month last year.

“Domestic operations were closed for about seven days. By the second half of March, we had also banned internatio­nal flights. This had a cascading impact on connecting domestic flights as well,” said

Number of passengers

March 2020

March 2019 (in mn) per cent load these airlines manage.

Airlines on average cancelled 7.48 per cent of their flights as they faced lastminute cancellati­ons and often had to merge flights. Among the leading national carriers, Goair cancelled 14 per cent of its flights for March.

Sources say airlines are likely to get some relief, such as deferred parking and landing charges, a longer credit window of jet fuel, holiday on all forms of taxes (except jet fuel). The Centre is also talking to banks if soft loans can be provided to airlines to improve liquidity. According to the latest estimates by the Internatio­nal Air Transport Associatio­n (IATA), airlines in India are likely to suffer a revenue loss of $11.2 billion, leading to 2.9 million jobs at risk as passenger demand will fall by 47 per cent. The latest estimates from IATA indicate a worsening of the impact from the pandemic and travel restrictio­ns in the Asia Pacific region.

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