Aviation

Domestic air traffic rose 10% in October

INDIA
Domestic air passenger traffic rose 10% in October led by festival travel despite a steep rise in air fares.
As many as 5 million passengers flew in October compared with 4.5 million in the same month last year, Directorate General of Civil Aviation (DGCA) said in a statement on Monday.

State-run Air India’s market share was at 18.4% in October while Jet Airways’ share was 18.4%.
The market was dominated by low-fare airlines: IndiGo had 30.2% market share, SpiceJet Ltd, 20%, GoAir had 7.7% and Jet Konnect, 5.4%. Vijayawada based-regional airline Air Costa in its first month of operations cornered 0.1% of the market. Air India reported a flight occupancy of 70.7% in October, while Jet Airways reported 64.4%, IndiGo, 74.8%, SpiceJet, 67.5%, GoAir, 65.9% and Jet Konnect, 68.9%.

Read the full report here, Mint

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