Indigo Airlines First Time 60% Market Share By Group In Domestic Flights India.
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Indigo Airlines First Time 60% Market Share By Group In Domestic Flights India. Indigo Market Share: India’s largest airline IndiGo has created history by achieving 61.4% market share in domestic flights in May, Directorate General of Civil Aviation (DGCA) data shows, making it the highest achieved by the airline in its history of over 16 years. Highest market share ever. This is the second time the airline has crossed the 60% mark. It had a market share of 60.4% in July 2020. The airline’s market share increased to 61.4% in May from 57.5% in April. During this period, when Indigo was running at a speed of growth, the order was issued to stop the operations of GoFirst, which had a market share of 6.4% in April. The order to suspend operations on 3 May served to create higher demand for other companies.
This is the market share of other companies
Indigo Airlines First Time 60% Market Share By Group In Domestic Flights India. India’s domestic air passenger traffic stood at 13.2 million passengers in May. According to a media report, the domestic air traffic in May has surpassed the previous record of 13.02 million set in December 2019. Domestic air traffic in May is also up 15% compared to the year-ago period and has increased by over 2% compared to April. Akasa Air’s market share has increased to 4.8% from 4% in the previous month. The Air India group airlines had a combined market share of 26.3%, with Air India at 9.4%, Vistara at 9% and AirAsia India at 7.9%. Market share of all major airlines increased except SpiceJet. SpiceJet reported a further decline to 5.4% as compared to 5.8% in April.
Here is the full report
As per the data, Indigo recorded a passenger load factor of 91.5% in May as compared to 87.4% in April. The highest capacity utilization was posted by SpiceJet at 94.8% as compared to 92.2% in April. Airlines under the Air India group also recorded a PLF of over 90% in May with Air India at 90.1% as against 87.9% a month ago, Vistara at 93.2% in May as compared to 92.1% earlier, and Air Asia India recorded a pass percentage of 92.8% as compared to 89.4% in the previous month. In on-time performance, Akasaka Air was the most punctual airline with a punctuality rate of 92.6%, followed by IndiGo at 90.3% and Vistara at 89.5%. SpiceJet was the least punctual with an on-time performance of 60.9%. Indigo Airlines First Time 60% Market Share By Group In Domestic Flights India.
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