22.10.13

Domestic Air travel rises


After witnessing constant fall in the past three years, September 2013 saw 45.5 lakh domestic flyers — up 13.4% from last September’s figure of 40.2 lakh. This is the second consecutive month of growth after August 2013’s robust 20.4% increase over the same month last year.
Airlines had raised fares from September 2013 by 25-30%. But a substantial number of flyers who travelled last month had actually purchased their tickets earlier when fares were low.
While low-cost carrier (LCC) IndiGo remained the market leader with a 30.3% share in domestic travel in September, Air India saw the highest aircraft occupancy for the second month in a row.
Airlines, however, warn that the industry is not out of the woods yet despite the feelgood factor generated after a long time by good news like growth in domestic flyers, announcement of new airlines Tata-AirAsia and Tata-Singapore Airlines, and Jet Airways getting investment from Etihad.
Airlines say the government must see the recent positive developments as a sign that the Indian aviation industry has huge potential. 

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