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    A
    Aviation
    SECTOR | 28 Feb 2023

    Air traffic maintains strong trend in Feb’23; IndiGo and Tata group command ~81% domestic market share in Jan'23

    buy
    Aviation
    by ICICI Securities Limited
    ICICI Securities Limited
    Average daily PAX has risen strongly in Feb’23 to 420k as against 405k in Jan’23. Average daily departures have increased from 2,898 in Jan’23 to 2954 in Feb’23 but average PAX per departure has increased from 140 in Jan’23 to 142 indicating better PLFs.
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