New Delhi: SpiceJet's fall from grace has led the cash registers ringing for other Indian carriers. Troubles at Kalanithi Maran-owned low cost carrier (LCC) started from mid-November when leasers started repossessing aircraft, leading to reduction of flights. As SpiceJet's slashed its schedule, passengers of its cancelled flights made a beeline for other carriers — mainly IndiGo and Jet.
According to directorate general of civil aviation ( DGCA) data, market shares of IndiGo and Jet shot up from October (when SpiceJet was flying its entire fleet) to November (see graph). Wadia Group's GoAir also gained and carried more flyers.
State-owned Air India, which is being kept alive by pumping in thousands of crores of tax-payers' money, could not capitalize on the situation. It actually saw its market share drop by two percentage points from October to November. AI (domestic) even pipped SpiceJet in terms of numbers of passengers being affected by flight cancellations. As many as 4,242 AI passengers had seen their flights cancelled, while the figure for SpiceJet was 3,290. And, 27,200 AI (domestic) flyers faced delays of over two hours. "The focus may be on SpiceJet but AI should be the real worry for the government," said an official.
20/12/14 Kashmir Monotor
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According to directorate general of civil aviation ( DGCA) data, market shares of IndiGo and Jet shot up from October (when SpiceJet was flying its entire fleet) to November (see graph). Wadia Group's GoAir also gained and carried more flyers.
State-owned Air India, which is being kept alive by pumping in thousands of crores of tax-payers' money, could not capitalize on the situation. It actually saw its market share drop by two percentage points from October to November. AI (domestic) even pipped SpiceJet in terms of numbers of passengers being affected by flight cancellations. As many as 4,242 AI passengers had seen their flights cancelled, while the figure for SpiceJet was 3,290. And, 27,200 AI (domestic) flyers faced delays of over two hours. "The focus may be on SpiceJet but AI should be the real worry for the government," said an official.
20/12/14 Kashmir Monotor
