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Passenger number may dip, but it's season for Indian airlines to make money

There is drop in passenger load factor across the board, for both low cost carriers and full-service carriers.

Airlines

A hike in air fares, along with the addition of fresh capacity, has dented the passenger load factor (PLF) for many airlines in October — the first month of the peak season for the aviation industry.   However, airlines are not complaining. In the September quarter, airlines were not able to raise fares despite a rise in fuel prices, which dented their bottom line.  But they are now pushing up fares and hopes to improve margins over the next three months to make up for the poor September quarter, even if it leads to a slight fall in their ...