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IndiGo, SpiceJet's journey in the pandemic gets tougher with high fuel costs

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Also Read | Inside the mad scramble to comply with the new labour codesMoreover, it’s not as if demand recovery is exciting with the month of March turning out to be rather slow.

In a report on 15 March, ICICI Securities Ltd analysts said, “Weekly average daily fliers came in at 243636 in the week ended 13 March versus 264312 in the week ended 6 March." Note that average daily passenger traffic in the month of February stood at 277230, according to the broking firm. “The recent dip in weekly fliers could also be partly due to rising covid cases, especially in Maharashtra.

Weak trend in March can impact the earnings of airlines," said ICICI Securities’ analysts.Some analysts expect yields, a measure of pricing for airlines, to improve during.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
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Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
People over State Pension age with long-term health issues could be due up to £1,319 each month
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