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Charts & Analysis

Indigo Races Ahead with 40% Market Share, Carries 34 lakh Passengers in July

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We bring you the “Domestic Airlines Report Card for India” for the month of July, 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 June, 2016)

Passengers Carried and Market Share

The total number of passenger carried during the month of July, 2016 stood at 85.08 lakh compared to 67.62 lakh during the same month of the previous year. This resulted in a growth of +25.8% (YoY).
Domestic Airlines Passenger Carried July 2016
Domestic Airlines Market Share July 2016
The growth for the period January to July stood at +23.01% (YoY) with 560.87 lakh passengers compared to 455.95 lakh for the same period of the previous year.
Domestic Airlines Passenger Carried YoY Growth July 2016
Indigo Airlines  – the market leader with +39.8% market share, carried 33.84 lakh passengers compared to 24.17 lakh passengers during the same month of the previous year, resulting in a growth of +40%. 
Domestic Airlines Passenger Carried Indigo July 2016

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 83.3% PLF, Spicejet at 92% trumped the market leader Indigo at 83.6% PLF also beaten by GoAir at 90.3%.
Domestic Airlines Passenger Load Factor 12 months July 2016

Cancellations

The overall cancellation rate of scheduled domestic airlines for the month of July, 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 Cancellation Reasons July 2016

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

Domestic Airlines Cancellation Rate July 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.