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This Article is From Aug 30, 2021

India Aviation Update - Average Daily Flier Remains Stable At 2.4 Lakh: ICICI Securities

India Aviation Update - Average Daily Flier Remains Stable At 2.4 Lakh: ICICI Securities
Travelers wearing protective mask sit outside at Netaji Subhas Chandra Bose International Airport in Kolkata, India. (Photographer Arco Dato/Bloomberg)
STOCKS IN THIS STORY
Interglobe Aviation Ltd.
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Spicejet Ltd.
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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 204,000 in the week ended August 28, 2021 versus 205,000 in the week ended August 21, 2021.

For the week ended August 28, 2021, average number of departures rose to 1,950 vis-a-vis 1,818 in the prior week.

The number of fliers per departure declined to 105 versus 113 in the prior week.

Average daily fliers fell 0.6% week-on-week due to 6.7% decline in number of fliers per departure while number of departures grew 7.3%.

Click on the attachment to read the full report:

ICICI Securities Aviation Update.pdf
VIEW DOCUMENT

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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