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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%.

Domestic_Airlines_Passengers_Carried_December2_2015

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.

Domestic_Airlines_Seat_Factor_December_2015

Domestic_Airlines_Passengers_Load_Factor_December2_2015

Cancellations

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

Domestic_Airlines_Overall_Cancellation_Rate_December_2015

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.

Next Gen Financial Analytics

 

  • rakesh ojha says:

    Today sensex ended at level last seen on May 15, 2014 when Modi won election. Mutual funds saw inflows into mutual funds very single month since then totaling near $20 billion (matching FII withdrawals almost equally during this period) reversing earlier trend of outflows every single month for four years or so. They are all under water now. As usual, retail investors are last to join the party (in the likely fifth wave). EPFO started investing July last year. Again under water so far. If we see prolonged bear market which corrects five wave advance since 1979 (along with deflationary collapse in world markets), retail investors and EPFO could be in for major trouble. That could shake new found faith of retail investors and govt organization (EPFO) in equities.