Latest statistics on air travel claims that international air travel from and to India has grown only by 1 %. According to the report Jet Airways which was responsible for flying people in and out of the country since the past few years had experienced a 1% decline in international air travel in April-June.
The January-March period however saw reasonable growth during the same quarter in the previous year, this also indicated that the first half of the year saw 3.7 lakh (about 1.1%) more growth in international travelers as compared to the 3.2 crore in the first six months of 2018. The numbers are considerably lower than the 14.7% growth from the first half of 2018 observed during the same period in the previous year.
Figures for provisional April-June 2019 international air travel of the Directorate General of Civil Aviation (DGCA) show a large impact on Jet’s April 17 closure than international travel in April-June quarter.
Furthermore reports allege Indian carriers had 11.5% less people who flew into India as compared to the same period last year and the decline in the number of flying travelers out of India was 12.3%. The share of desi carriers in foreign travel declined to 35% this year April-June from 39% from the previous year. During this period, international carriers saw a growth of 5.8% travelers traveling to and from India.
Reports allege, the aviation industry will witness a rev up from July-September. Establishing airport infra is an unaccomplished task for almost 15 years, on the other hand, government has improved cost environment for Indian carriers to boost sustainability by deducting tax on jet fuel.
Furthermore, big Indian airlines have increased the number of international flights on Jet’s bilaterals to nearby places such as to the Gulf or to southeast Asia.
“Based on available seat km (ASKM, which is a measure of passenger-carrying capacity arrived at multiplying number of seats available to number of km flown), about 40% of Jet’s vacant slots and flying rights were given to Air India Group, 30% to IndiGoNSE -3.45 % followed by SpiceJetNSE -1.76 % and others like Vistara and GoAir,” commented senior officials.
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