With the DGCA having just published the airline performance data for Jan'09 the feeling is hardly of elation. It is much like a school boy who has not performed well, but could've done worse! The performance of an airline is basically measured in terms of its load factor which is simply the percentage of seats booked on all their flights. Here's a summary of the load factors. As always, the statistic speaks for itself.
Airlines Load Factor Air India 22.60% 66.00% International Air India Express 33.90% 74.90% International Alliance 54.50% GoAir 63.80% Indian Airlines 60.40% Jet Airways 64.70% 74.90% International JetLite 67.50% 72.60% International Kingfisher 64.20% 71.00% International Paramount 83.10% SpiceJet 68.30% Total: 64.20% 70.40% International
As is evident the load factor continues to be less than 65% which is making flying unsustainable for most airlines. The possible solutions for this would be reducing capacity.