Nearly four lakh fliers are thronging airports every day and Indigo is flying half of them

• The number of average daily fliers stood at 375,000 for this month till June 13, ICICI Securities report says.
• This is slightly higher than 368,000 people who were traveling by flights on a daily basis last month.
• IndiGo was the biggest airline in FY22, flying one in two — or about 55% — domestic passengers in India.

Nearly four lakh people are traveling by air every day this month, a recent report by brokerage firm ICICI Securities said. The number of average daily fliers stood at 375,000 for this month till June 13.

This is slightly higher than 368,000 people who were traveling by flights on a daily basis last month. The average number of daily departures also increased marginally to 2,821 and the number of fliers per departure stood at 133, representing a steady passenger load factor (PLF).

“Yields will be tested in Q2FY23 against seasonally weak period (could be different in FY22 due to pent-up demand) and some improving capacity,” the report added.

The development coincides with summer vacations across all schools and universities in India, which is usually a high time for the tour and travel industry. However, last year the demand was unusually low as the country was still overcoming the impact of the third wave of Covid-19.

The number of daily fliers is also directly proportional to the average daily departures and passengers per departure. For instance, the average daily departure and passenger per departure were lowest in June last year, directly in relation with average daily fliers.
Source: MOCA, I-Sec research

IndiGo was the biggest airline in FY22, flying one in two — or about 55% — domestic passengers in India. It is followed by SpiceJet and Air India that cater to 10% and 9.8% passengers, respectively.

Indigo is also the biggest flier of passengers abroad.

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