BusinessLine (Hyderabad)

Despite delays and cancellati­ons, domestic air traffic inches up in Feb

-

Domestic air travel in India saw a modest rise of 4.8 per cent in February compared with the same month last year. This translates into 12.65 million passengers carried by domestic airlines. However, this number falls short of the 13.13 million passengers recorded in January.

IndiGo continues to be the market leader with a 60.1 per cent share, followed by Air India (12.8 per cent), Vistara (9.9 per cent), SpiceJet (5.2 per cent) and Akasa Air (4.5 per cent).

PUNCTUALIT­Y

In terms of ontime performanc­e, AIX Connect emerged as the most punctual airline in February with a 73.5 per cent OnTime Performanc­e (OTP). Akasa Air (72.9 per cent),

IndiGo (72.7 per cent) and Vistara (67.4 per cent) followed closely.

MARKET SHARE FLUX

Despite the increase in traffic, passengers faced inconvenie­nces due to flight delays and cancellati­ons. Around 1.55 lakh passengers were impacted by delays, while over 29,000 passengers were affected by cancellati­ons. To compensate for the disruption­s, airlines provided a total of ₹300.26 lakh to passengers. IndiGo’s market share witnessed a slight decline for the second month in a row, dropping to 60.1 per cent. This decrease comes after the airline grappled with operationa­l challenges in January due to dense fog. On the other hand, Air India gained market share, reaching 12.8 per cent.

SpiceJet continued to see a dip, falling to 5.2 per cent from a peak of 10.7 per cent in February 2022. Akasa Air maintained its market share at 4.5 per cent.

CANCELLATI­ON RATES

The data revealed that the cancellati­on rate for scheduled domestic airlines stood at 0.90 per cent. FlyBig recorded the highest cancellati­on rate (7.69 per cent), while Akasa Air had the lowest (0.30 per cent). Weather remained the primary culprit for cancellati­ons, accounting for 58.6 per cent of the disruption­s, followed by technical issues (19.7 per cent).

A total of 791 passenger complaints were registered in February, with flightrela­ted problems being the most frequent concern. This indicates that areas like ontime performanc­e and efficient grievance redressal mechanisms require attention from airlines.

Having attained a position of leadership within the trade through years of innovation and marketing in business operations, with an average annual growth of approximat­ely 109 per cent, he is now regarded as the “Lottery King” of India.

With a profession­al strength of more than 1,000 committed staff working in the organisati­on and more than 260 stockists in all lotterypla­ying States, his enterprise has transforme­d into more of a community that has enabled the benefit of millions dependent on the industry for a livelihood, both directly and indirectly.

In addition to his passion for technology­driven enterprise­s and the quest for fresh investment­s, his qualities as an entreprene­ur have greatly enabled him to diversify into multiple business ventures.

SEVERAL INTERESTS

Apart from Martin Lottery Tickets, the group headed by Martin has several interests that constitute the Martin Group of Companies in an

 ?? ?? LEADING THE PACK. IndiGo continues to be the market leader with a 60.1 per cent share of the air traffic, followed by Air India at 12.8 per cent
LEADING THE PACK. IndiGo continues to be the market leader with a 60.1 per cent share of the air traffic, followed by Air India at 12.8 per cent

Newspapers in English

Newspapers from India