New entrants corner 44% of aviation mart

In the 42 months since Air Deccan became a credible and stable challenger to the erstwhile ruling triumvirate of Jet Airways, Indian Airlines and Sahara, the new entrants have garnered about 44 per cent of share of the market.
According to the figures for January, budget carriers alone -- such as SpiceJet, GoAir, IndiGo, apart from Deccan -- have 34 per cent share of the market. A year ago, the figure was only 20.8 per cent.
The market share of Kingfisher Airlines, a full-service airline that took off in May 2005, has increased to 10 per cent. SpiceJet's has increased to 8 per cent. GoAir, IndiGo, Paramount and Indus account for the rest.
In August 2003, when Deccan took off as the country's first no-frills carrier, Jet, IA and Sahara controlled the entire market.
Indian Airlines' share at that stood at a handsome 35 per cent.
22/02/07 P R Sanjai/Business Standard/Rediff

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Categories: General Aviation feb 2007