DGCA Data: 1.28 Crore Passengers Travelled in March, IndiGo Continue to Lead the Domestic Market

The Directorate General of Civil Aviation (DGCA) of India shared the domestic passenger data for the month of March 2023 on Tuesday, April 18. As per the data, in March 2023 alone, as many as 1.28 crore passengers travelled domestically in India, marking a significant milestone in the recovery of the country’s aviation industry.

During January – March 2023, domestic airlines carried 375.04 lakhs passengers as compared to 247.23 lakhs during the same period last year, registering a growth of 51.70%. This marks a monthly growth rate of 21.41%, indicating a steady recovery in the sector.

SpiceJet Emerges as Top Airline in Terms of Passenger Load Factor

SpiceJet emerged as the airline with the highest passenger load factor, recording an impressive 92.3%. Meanwhile, IndiGo continued to lead the domestic market with a 56.8% market share, while TATA Group Airlines had a market share of 25.3%.

Market Share of Other Airlines

Among other airlines, Air India had a market share of 8.8%, followed closely by Vistara with 8.9%. AirAsia India recorded a market share of 7.6%, while Go First and SpiceJet had a market share of 6.9% and 6.4%, respectively. The newest entrant, Akasa Air, recorded a market share of 3.3%.

• Air India – 8.8%
• Vistara – 8.9%
• AirAsia India – 7.6%
• Go First – 6.9%
• SpiceJet – 6.4%
• Akasa Air – 3.3%

Akasa Air Emerges as Leader in On-Time Performance

In terms of On-Time Performance (OTP), Akasa Air emerged as the leader with an impressive OTP of 94.2%. IndiGo followed closely behind with a score of 92%, while Vistara recorded an OTP of 83.7%. Air India and AirAsia India had OTP scores of 82.1% and 76.1%, respectively. However, GoFirst had the worst OTP among all airlines, recording a score of 49.2%.

• Akasa – 94.2%
• IndiGo – 92%
• Vistara – 83.7
• Air India – 82.1
• AirAsia – 76.1%

Government’s Efforts to Boost Aviation Sector

Despite the challenges posed by the COVID-19 pandemic, the Indian aviation industry has shown resilience and is on the path to recovery. The government’s efforts to promote regional air connectivity and the introduction of the UDAN scheme have also played a significant role in boosting the sector.

According to a recent report by the Centre for Asia Pacific Aviation (CAPA), India is expected to become the world’s third-largest aviation market by 2027, after the United States and China. With the increasing demand for air travel in India, the aviation industry is poised for significant growth in the coming years.

Bottomline

In conclusion, the Indian aviation industry witnessed robust growth in March 2023, marking a significant milestone in the recovery of the sector. With the government’s support and the increasing demand for air travel, the industry is expected to continue on its growth trajectory in the coming years.