![]() As per IATA data, jet fuel prices in October 2022 were up 45.7 percent from a year ago even as daily domestic passenger traffic is only now scaling pre-Covid numbers. The airline industry’s wafer-thin margins have been severely tested in the aftermath of the double whammy stemming from the pandemic lockdowns and the war in Ukraine which has sent aviation fuel prices soaring. Both are equally worrisome factors for IndiGo. In a paper titled 'The impact of flight delays on passenger demand and societal welfare', Rodrigo Alberto Britto, Martin Dresner and Augusto Voltes cited several previous studies to establish that “Flight delays not only irritate air passengers and disrupt their schedules but also cause a decrease in efficiency, an increase in capital costs, reallocation of flight crews and aircraft, and additional crew expenses".Īll of these factors add up to higher operating costs besides leading fliers to consider the potential for delay before choosing an airline. Unfortunately, that situation isn’t likely to change any time soon which means the onus of improving its performance on this vital parameter rests with the airline.ĭata analysis by researchers has shown that there is a direct correlation between on-time performance and market share in the airline industry. Prominent among them is the congestion at major airports like Delhi and Mumbai where it has maximum connectivity. ![]() IndiGo remains the runaway market leader of the Indian skies and there are mitigating factors behind the slippage. How rising US bond yields affect economy in Indiaĭon't get carried away with SBI, BoB stocks ![]() Not much for the govt to pick up from windfall taxĥ charts decode the method to Musk’s Twitter moves ![]()
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