Capacity constraint slows India\'s air passenger traffic growth

Capacity constraint slows India's air passenger traffic growth

IANS  |  New Delhi 

Capacity constraints due to Jet Airways' troubles decelerated the growth of India's domestic air passenger traffic to just 3.1 per cent in March.

According to thee (IATA), India's domestic air passenger volume -- measured in revenue passenger kilometres (RPKs) grew at 3.1 per cent in March, down from February's growth of 8.3 per cent and well off the torrid five-year average growth pace of close to 20 per cent per month.

"The slowdown largely reflects the reduction in flight operations of - which stopped flying in April - as well as disruptions at owing to construction," the IATA said in a statement.

Since last year, the troubles of started. This created a capacity crunch in the domestic sector.

In April, Jet was forced to announce a temporary suspension of all as it was unable to maintain even bare minimum operations.

Prior to temporarily suspending all flight services, Jet had already folded up most of its operations due to grounding of around 90 per cent of its fleet by lessors, as its consortium of lenders refused to extend loans to the

As per the data, India's domestic air passenger volume was the fourth highest among the major markets such as Australia, Brazil, China, Japan, and the US.

India's domestic passenger traffic growth was succeeded by that of at 3.2 per cent, at 4.2 per cent and at 14.2 per cent.

The country's domestic available passenger capacity -- measured in available seat kilometres (ASKs) -- stood higher by 4.7 per cent in March. It was followed by at 11.1 per cent and preceded by at 4.4 per cent.

--IANS

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First Published: Wed, May 08 2019. 20:58 IST