Actionable insights on equities, fixed-income, macros and personal finance Start 14-Days Free Trial
Actionable investing insights Get Free Trial
Charts & Analysis

Domestic Airlines Report Card for December 2015


We bring to you the “Domestic Airlines Report Card” for the month of December, 2015. 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 November, 2015)

Passengers Carried and Market Share

The total number of passenger carried during the month of December, 2015 stood at 77.1 lakhs compared to 64.4 lakhs during the same month of the previous year. This resulted in a growth of +19.70% (YoY).

Total passengers carried for the period Jan-Dec increased from 673.82 lakh passengers to 810.91 lakh passengers resulting in a growth of +20.26%.


Indigo Airlines  – the market leader with +35.6% market share, carried 27.43 lakh passengers compared to 23.24 lakh passengers during the same month of the previous year, resulting in a growth of +18%. This means a total of over 4 lakh additional passengers used Indigo.

Domestic_Airlines_Market_Share_All_December_2015 Domestic_Airlines_Passengers_Carried_December3_2015

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 leader Indigo managed a 88.5% PLF – a massive 4.5% increase, SpiceJet led the field with a 92.1% PLF. Jet Airways and Jet Lite were the only players to have a decline in PLF at -5.2% and -6.5% respectively.




The overall cancellation rate of scheduled domestic airlines for the month of December, 2015 has been 2.49%. The Overall cancellation rate is generally influenced by bad weather, unfavorable flight conditions, low visibility, conditions at airports etc. Domestic_Airlines_Overall_Cancellation_Rate_December2_2015


Source: Directorate General of Civil Aviation (India)



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.

Next Gen Financial Analytics



Like our content? Join Capitalmind Premium.

  • Equity, fixed income, macro and personal finance research
  • Model equity and fixed-income portfolios
  • Exclusive apps, tutorials, and member community
Subscribe Now Or start with a free-trial