Monday, November 17, 2014

Air traffic grows 18.31% in October

Domestic air passenger traffic posted double-digit growth in October for a third straight month.
The eight scheduled airlines together carried 5.93 million passengers in October, an increase of 18.3 per cent over the 5.01 million in the same month of last year. The number was also the second highest in absolute terms this year. In May, the eight airlines had seen air traffic rise a combined 7.9 per cent over a year before, to 6.02 million passengers.
Budget carrier IndiGo continued to maintain a strong lead in the domestic market; nearly one of every three travellers fly with it. IndiGo’s market share, however, dipped marginally to 31.9 per cent last month from 32.8 per cent in September.
Air India grew its market share by almost three basis points during the month. With  19.5 per cent in October, AI was the second largest carrier in market share in domestic skies.
Jet Airways, with low-cost arm JetLite, accounted for 20.5 per cent of the domestic air travel market, marginally lower than the 20.8 per cent the duo had in September. SpiceJet and GoAir had 17.3 (down from 18.6 in September) and 8.5 per cent (down from 9.2 per cent), respectively. Newcomers Air Costa and AirAsia India’s shares were each 1.1 per cent.
17/11/14 Business Standard
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