New Delhi: A series of heavy discounts helped Indian carriers fly 21.6% more passengers in February this year compared with the same month last year.
Budget carrier IndiGo continued to lead the way, registering a record market share of 37.1% during the month. In January, the airline's market share was at 36.4%. Jet Airways, along with JetLite, too managed to improve its market share marginally to 24.3% (up from 24.1% in January).
National carrier Air India came in third with 17.8% share of air traffic, a decline over 18.7% the airline had recorded the month before. For others, market share remained largely constant — SpiceJet 9.2% (9.4% in January), GoAir 8.9%, Air Costa 1%, AirAsia 1.2% (1.3% in January) and Vistara 0.5% (0.2% in January).
"The growth in passenger numbers during February is higher than expected and is driven by continuing fare stimulus," said Kapil Kaul, India CEO of Centre for Asia Pacific Aviation.
28/03/15 Economic Times
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Budget carrier IndiGo continued to lead the way, registering a record market share of 37.1% during the month. In January, the airline's market share was at 36.4%. Jet Airways, along with JetLite, too managed to improve its market share marginally to 24.3% (up from 24.1% in January).
National carrier Air India came in third with 17.8% share of air traffic, a decline over 18.7% the airline had recorded the month before. For others, market share remained largely constant — SpiceJet 9.2% (9.4% in January), GoAir 8.9%, Air Costa 1%, AirAsia 1.2% (1.3% in January) and Vistara 0.5% (0.2% in January).
"The growth in passenger numbers during February is higher than expected and is driven by continuing fare stimulus," said Kapil Kaul, India CEO of Centre for Asia Pacific Aviation.
28/03/15 Economic Times
