{"id":20427,"date":"2022-05-10T09:09:06","date_gmt":"2022-05-10T03:39:06","guid":{"rendered":"https:\/\/aviationa2z.com\/?p=20427"},"modified":"2022-05-10T09:09:08","modified_gmt":"2022-05-10T03:39:08","slug":"domestic-aviation-passenger-traffic-increased-by-83-percent-in-april","status":"publish","type":"post","link":"https:\/\/aviationa2z.com\/index.php\/2022\/05\/10\/domestic-aviation-passenger-traffic-increased-by-83-percent-in-april\/","title":{"rendered":"Domestic aviation passenger traffic increased by 83 percent in April"},"content":{"rendered":"\n

Domestic air passenger volume increased by 83 percent<\/strong> year over year to 10.5 million in April as Covid-19 infection cases declined, leaving a 5% difference when compared to pre-pandemic levels, according to ICRA. <\/p>\n\n\n\n

In April 2019, Indian airlines transported approximately 11 million passengers. <\/p>\n\n\n\n

\"Domestic
Credits to business standard <\/figcaption><\/figure>\n\n\n\n

Domestic airline carriers, on the other hand, saw foreign passenger traffic slightly exceed pre-pandemic levels <\/strong>(about 1.83 million), with overall volumes of around 1.85 million, according to the report. <\/p>\n\n\n\n

Rising aviation turbine fuel (ATF) prices<\/strong>, owing to ongoing geopolitical difficulties related to the Russia-Ukraine conflict, are also becoming a serious threat to the recovery process<\/strong>, according to the report. <\/p><\/blockquote>\n\n\n\n

According to Suprio Banerjee, Vice-President & Sector Head, ICRA<\/a>, <\/strong>average daily departures in April 2022 were around 2,726, significantly higher than the average daily departures of around 2,000 in the same month a year earlier and higher than the average daily departures of around 2,588 in March 2022. <\/p>\n\n\n\n

According to him, the average number of passengers per trip in April was 128, down from 133 passengers per flight <\/em>in March 2022 and 135 passengers per flight in April 2019. <\/p>\n\n\n\n

“Though passenger traffic recovery<\/strong> is projected to be reasonably quick in FY2023, given the near-normalcy condition seen in domestic airline operations, the sector faces the overhang of any subsequent Covid wave,”<\/strong> Banerjee noted. <\/p><\/blockquote>\n\n\n\n

\"\"
Image credits to pti<\/figcaption><\/figure>\n\n\n\n

Elevated ATF prices, exacerbated by geopolitical events, will continue to be a short-term challenge<\/strong> for the industry, weighing on Indian carriers’ profitability, he said. <\/p><\/blockquote>\n\n\n\n

Given the elevated crude oil prices, due to geopolitical difficulties stemming from Russia’s invasion of Ukraine, ATF prices have risen by roughly 89 percent<\/strong> y-o-y in the current month, according to ICRA.<\/p>\n\n\n\n

According to the report, rising ATF prices will pose a major danger to industry earnings <\/strong>in FY2023, but a return to normalcy will result in a recovery in passenger load factors, which will help revenues. <\/p><\/blockquote>\n\n\n\n

However, rising ATF prices would continue to hurt Indian carriers’ <\/strong>profits in FY2023, according to the report. <\/p>\n\n\n\n

Stay Informed with Aviation a2z!<\/p>\n","protected":false},"excerpt":{"rendered":"

Domestic air passenger volume increased by 83 percent year over year to 10.5 million in April as Covid-19 infection cases declined<\/p>\n","protected":false},"author":2,"featured_media":20429,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[5717,5912,3843,5911,5914,92,3903,778,5913],"class_list":{"0":"post-20427","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-uncategorized","8":"tag-atf-prices","9":"tag-aviation-traffic","10":"tag-aviation-turbine-fuel","11":"tag-domestic-air-passenger-traffic","12":"tag-hike-in-atf-prices","13":"tag-pandemic","14":"tag-passenger-traffic","15":"tag-passengers","16":"tag-traffic-increased"},"_links":{"self":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts\/20427","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/comments?post=20427"}],"version-history":[{"count":1,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts\/20427\/revisions"}],"predecessor-version":[{"id":20430,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts\/20427\/revisions\/20430"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/media\/20429"}],"wp:attachment":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/media?parent=20427"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/categories?post=20427"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/tags?post=20427"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}