Despite May being the holiday month, the industry witnessed lower than 20 percent year-on-year (YoY) growth. This is the first time in five months the growth was below 20 percent. Industry load factor witnessed a month-on-month (MoM) contraction of 170 bps. This was due to substantial fall of 680bps (MoM) in RPK (revenue passenger kilometers).Aviation data hints at turbulence due to rise in ATF prices
Despite May being the holiday month, the industry witnessed lower than 20 percent year-on-year (YoY) growth. This is the first time in five months the growth was below 20 percent. Industry load factor witnessed a month-on-month (MoM) contraction of 170 bps. This was due to substantial fall of 680bps (MoM) in RPK (revenue passenger kilometers).
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