InvestorQ : How have been the airline passenger numbers for the latest month of July 2022?
ishika Banerjee made post

How have been the airline passenger numbers for the latest month of July 2022?

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2 months ago
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The Director General of Civil Aviation (DGCA) has just put out the actual passenger numbers for the month of July 2022. During the month, over 97 lakh domestic passengers travelled by air. However, this is nearly 7.6% lower compared to the 1.05 crore passengers who flew in the month of June 2022. This can be largely attributed to reduced flying due to fears of a slowdown, higher inflation, steeper fares and a prolonged monsoon in India, which had put a lot of curbs on travels during the month of July 2022.

Needless to say, Indigo continues to lead the charts with a market share of 58.8% in the month of July 2022. It carried over 57.11 lakh passengers on its flights in the month of July 2022. Behind Indigo are Vistara with 10.13 lakh passengers and Air India with 8.14 lakh passengers in July 2022 while Go First and SpiceJet flew less than 8 lakh passengers in the month. The Tata group which includes Vistara, Air India and Air Asia, has a combined market share of 23% in India. Air Asia ranked top in on-time performance with 95.5% score.
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