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Indian Domestic Airlines Report Card for February 2016

Aakash Agarwal2 min read
Quick Facts
What is "Indian Domestic Airlines Report Card for February 2016" about?
What category is this article in?
Charts And Analysis
Who wrote this article?
Aakash Agarwal, Capitalmind's research team.
When was this article published?
Published 23 March 2016.
How long does this article take to read?
2 min read
What topics does this article cover?
Airlines
What does the "Passengers Carried and Market Share" section say?
The total number of passenger carried during the month of February, 2016 stood at 74.76 lakhs compared to 60.16 lakhs during the same month of the previous year. This resulted in a growth of +24.27% (YoY).
What does the "Passenger Load Factor" section say?
Passenger load factor, or load factor, measures the capacity utilization of public transport services. It is generally used to assess how efficiently a transport provider “fills seats” and generates fare revenue.
What does the "Cancellations" section say?
The overall cancellation rate of scheduled domestic airlines for the month of February, 2016 has been 0.7%. The Overall cancellation rate is generally influenced by bad weather, unfavorable flight conditions, low visibility, conditions at airports etc.
What does the "Disclaimer" section say?
Nothing in this newsletter is financial advice and should not be construed as such. Please do not take trading decisions based solely on the matter above; if you do, it is entirely at your own risk without any liability to Capital Mind. This is educational or informational matter only, and is provided as an opinion.

We bring you the “Domestic Airlines Report Card for India” for the month of February, 2016. We take a look at the Number of Passengers carried, Market Share of Each Carrier, Passenger Load Factor and others. (Here is the Report Card for January, 2016)

Passengers Carried and Market Share

The total number of passenger carried during the month of February, 2016 stood at 74.76 lakhs compared to 60.16 lakhs during the same month of the previous year. This resulted in a growth of +24.27% (YoY).

Domestic Airlines Passenger Carried February 2016

Indigo Airlines – the market leader with +35.6% market share, carried 27.54 lakh passengers compared to 22.31 lakh passengers during the same month of the previous year, resulting in a **growth of +23.4%. **

Passenger Load Factor

Passenger load factor, or load factor, measures the capacity utilization of public transport services. It is generally used to assess how efficiently a transport provider “fills seats” and generates fare revenue.

While Industry managed an avg. of **83.6% PLF, **market leader **Indigo **came in the 4th place at **86.0% PLF **beaten by SpiceJet at 92.3%, Air Costa at 87.1% and GoAir at 86.4%.

Domestic Airlines Passenger Load Factor February 2016

Cancellations

The overall cancellation rate of scheduled domestic airlines for the month of February, 2016 has been 0.7%. The Overall cancellation rate is generally influenced by bad weather, unfavorable flight conditions, low visibility, conditions at airports etc.

Domestic Airlines Overall Cancellation Reasons February 2016

Here is how the Cancellation Rate has been over the past 12 months:

indian domestic airlines overall cancellation rate february 2016

Source: Directorate General of Civil Aviation (India)

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Disclaimer

Nothing in this newsletter is financial advice and should not be construed as such. Please do not take trading decisions based solely on the matter above; if you do, it is entirely at your own risk without any liability to Capital Mind. This is educational or informational matter only, and is provided as an opinion.

Disclosure: The authors at Capital Mind have positions in the market and some of them may support or contradict the material given above, or may involve a direction derived from independent analysis.

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Tagged:Airlines