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This Article is From Oct 05, 2021

India Aviation - Average Daily Fliers Inch Up Towards 2.5 Lakh; PLFs Remain Steady: ICICI Securities

India Aviation - Average Daily Fliers Inch Up Towards 2.5 Lakh; PLFs Remain Steady: ICICI Securities
Passengers walk towards the check-in area at Airport. (Photographer: Chris Ratcliffe/Bloomberg)

BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

ICICI Securities Report

Weekly average daily fliers came in at 240,000 in the week ended October 02, 2021 versus 231,000 in the week ended September 25, 2021.

For the week ended Oct 02, 2021, average number of departures increased to 2,080 versus 2,038 in the previous week.

The number of fliers per departure increased to 115 versus 113 in the prior week.

Average weekly plant load factor improved for all airlines led by Air India.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

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