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Monday, 08 May, 2017, 17 : 00 PM [IST]

Vistara records 80% yoy growth in passengers flown in Jan-April 2017

Vistara, registered an impressive year-on-year growth of 80% in passengers flown for the period of January to April 2017, flying 1.15M passengers, compared to 640,000 in the same period the previous year, though its fleet in the period increased just 44%.

The improved performance was driven by higher utilisation of aircraft compared to the same period last year, coupled with a 7% increase in its average load factor from 75% to 82%. The number of destinations flown increased by 46% from 13 to 19.

Commenting on the growth, Sanjiv Kapoor, Chief Strategy & Commercial Officer, Vistara, said, “Vistara has aggressively ramped up its network and aircraft utilisation in the last one year, and has also focused on filling its planes through a combination of attractive fares especially for those willing to plan and book in advance, along with improved network and superior customer experience. Our load factor in Economy Class has been the highest in the industry consistently for the last few months, with load factors in Premium Economy and Business Class growing steadily too, clearly reflecting the fact that there is a segment of customers in India who value a world-class air travel experience and are willing to pay a reasonably appropriate premium for it.”

“We will continue to expand significantly this year, as we add more aircraft in our fleet in the coming months. By end of the current summer season, Vistara will add a further 30% to its weekly flights, taking the total to over 700 flights a week. These additional flights will also result in higher frequencies between key metros, with Delhi – Mumbai going to 10x daily, and Delhi - Bengaluru to 5x daily, and Delhi - Pune to 3x daily, amongst other frequency additions,” Kapoor added.
 
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