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ICICI Securities Report
For the week ended October 03, 2020, average number of departures/day increased to 1,459 as compared to 1,442 in fourth week of September 2020 and number of fliers per departure improved to 102.
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As per the latest data from Directorate General of Civil Aviation for the month of August 2020, number of passenger grew 34% month on month to 2.83 million.
In August 2020, all major airlines showed an improvement in passenger load factor, of which Spice Jet Ltd. reported highest PLF of 76%.
As on August 2020, Indigo's market share remained steady at 59%.
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