MOSL: AVIATION-Domestic air passengers increase 17.8% in December-Domestic PLF at a record high of 89.5%
AVIATION: Domestic air passengers increase 17.8% in December; Domestic PLF at a record high of 89.5% led by strong festive demand
- Domestic air passengers in India grew 17.8% YoY to 11.2m in Dec-17 and 18.4% YoY in 3QFY18 (v/s +15% YoY in 2QFY18). Passenger growth has been in double-digits for the last 41 months.
- Domestic ASK grew 16.5% YoY in Dec-17 and 14.2% YoY in 3QFY18 (v/s +14% YoY in 2QFY18). RPK rose 17.5% YoY in Dec-17 and 18.3% YoY in 3QFY18 (v/s +15% YoY in 2QFY18).
- IndiGo’s domestic ASK/RPK grew at 12.6/12% in Dec-17, after recording muted growth over the last six months due to engine issues. IndiGo received seven NEOs post 17th November 2017, which accelerated capacity addition in Dec-17.
- Domestic industry load factor stood at a record high of 89.5% in Dec-17 and 87.8% in 3QFY18 (v/s 83.7% in 2QFY18). IndiGo’s load factor also increased to 90.8%
- In Dec-17 and 89.6% in 3QFY18 (v/s 84.1% in 2QFY18).
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