After a catastrophic spell of over six months, the Indian airline industry is pinning its hopes for a revival with the upcoming festive season starting next month. However, prospective flyers are still unsure whether they would want to take the risk given that the number of positive Covid-19 cases have been soaring across the country.
Since the resumption of domestic flights by the Central government in June, passenger demand has not significantly picked up.
Earlier this month, Wolfgang Prock-Schauer, president and chief operating officer of IndiGo said, “We can see a gradual improvement in passenger load factor (PLF). Also, fares are holding on and slightly higher fares and improvement in PLF will lead to an improvement in RASK.”
PLF measures the capacity utilization of airlines. On September 2, the Centre had extended the capacity cap of 45 per cent imposed on domestic flights to up to 60 per cent.