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Domestic air traffic falls for first time in almost 5 years

NEW DELHI: The home air commute gotten smaller for the first time in nearly five years after the collapse of Jet Airways and drop in capability, which have ended in a sharp hike in air fares. This April noticed 1.09 crore home flyers — down four.five% from 1.15 crore in the similar month last 12 months. Before postponing operations on April 17, Jet were barely running a couple of flights all through the month, which had also observed 13 of SpiceJet Boeing 737 Max planes being grounded because of regulatory orders.

India had observed double-digit growth in home air commute for 52 instantly months — from September 2014 (over the similar month in 2013) to December 2018 (from the similar month in 2017). This ranged from a peak of 29.3% growth in July 2015 to 11% in November 2018 (over the year-ago periods).

Grounding of Jet, B737 Max, an overall economic slowdown and sharp upward thrust in fares even as capability fell noticed this dream run waking as much as a rude truth. The growth in January and February 2019 fell to unmarried digits and, via March, this used to be down to zero.14%.

Industry captains, speaking on situation of anonymity, said the adverse development would no longer last too lengthy as Jet’s slots are being given to different Indian carriers. However, they added that the next government should center of attention on the aviation sector.

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