Serene Air 🇵🇰 is capturing the Local market consistently as it Recorded Double Gigit Growth of 29% for passenger traffic in 2019.
According to the report of Pakistan Civil Aviation Authority, the Airline provided services to 1.75 Million Passengers in the financial year 2018-19 as associated with 1.35 million Passengers in 2017-18.
The airline worked 5,686 Flights in 6 cities in FY19 compared to 5,457 Flights Recorded in FY18. Hence, the Flight Frequency of the airline recorded a uncertain increase of 4% which shows that seat reservation of the Airline observed a remarkable growth including its Profitability.
Serene Air has become the 2nd largest local Airline after Pakistan International Airlines. Established in 2017, it operates Domestic flights in 6 cities including Federal and Provincial Capitals.
The Airline is in Competition with other Airlines such as PIA and Air blue to grab the market share which was created due to the closure of Shaken Air.
The passenger demand is upper compared to the obtainability of flights, which caused airfares to increase associated to last year whereas a small section of the passengers moved to other means of conveyance such as railway and intercity buses due to low Purchasing power.
It is relevant to remark here that overall, domestic flights reduced in the early months of 2019 due to tensions between Pakistan and India which caused a Suspension of flights on various routes.
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