New Delhi: The legacy carriers are finally hitting back at their high-flying start-up rivals in the Indian skies.
After months of losing marketshare to the new low-cost entrants, the three legacy carriers - Indian Airlines, Jet Airways and Air Sahara - have finally witnessed a reversal in the new fiscal, with their combined marketshare in April 2006 reporting a slight growth to 66.7%.
In comparison, their combined share of the Indian skies had been dropping for the whole of 2005-06, touching a low of 65.1% in March this year.
This April also marks the first time in 13 months that the group of four start-up airlines - Air Deccan, Kingfisher, SpiceJet and GoAir - have witnessed a drop in their combined marketshare at 33.3%.
According to latest DGCA figures, the 2006-07 fiscal has opened a bright note for the legacy airlines, which are witnessing a growth in their share of the market pie.
13/06/06 Byas Anand/Times of India
To Read the News in full at Source, Click the Headline
Tuesday, June 13, 2006
Home »
» IA, Jet, Sahara hit back to gain share in April
IA, Jet, Sahara hit back to gain share in April
Tuesday, June 13, 2006
Related Posts:
Kingfisher Airlines to pay Rs 14K to flier for loss of luggage New Delhi: Kingfisher Airlines has been asked by a consumer forum here to pay a compensation of Rs 14,000 to a flier for losing his luggage in… Read More
Ajit Singh orders Air India to remove scheduling chief Union Civil Aviation Minister Ajit Singh today asked Air India to remove general manager (operations), Captain HY Samant from his present assignment… Read More
Air India cancels Singapore flight, passengers stranded Mumbai: As many as 260 passengers of a Singapore-bound Air India flight from Mumbai were stranded after the airline cancelled it citing non-av… Read More
Air India suspends senior official for fudging simulator training records New Delhi: National carrier Air India has suspended Capt. R.S. Dhillon, General Manager (Operations), Incharge Training, on grounds of fudging simul… Read More
Cabinet to take up Air India wage restructuring soon New Delhi: The Cabinet Committee on Economic Affairs (CCEA) may soon take up the proposal to restructure allowances for Air India staff. This whole … Read More
0 comments:
Post a Comment