Indigo, SpiceJet lead domestic air traffic

India’s low-cost carriers dominated the race in October as domestic air traffic for the month grew 10% over the same month last year. Low-cost carriers IndiGo and SpiceJet were number one and two, respectively , in terms of the market share, taking the maximum advantage out of the growing market. During October, domestic airlines carried 50.08 lakh passengers compared with 45.55 lakh in the same month last year.

October 2013, like the previous year, saw many festivals with Durga Puja, Navratri, Dussera and Eid being celebrated . In 2013, the festivals were celebrated a week earlier than the same month last year. Air traffic in October also improved over September 2013 when domestic airlines carried 44.65 lakh passengers. The growth in October over the previous month was 12.1%. IndiGo continued to be the market leader with a 30.2% market share while SpiceJet had a 20% market share.

The Jet Airways Group had a market share of 23.8%. But this was due to a 5.4% market share of Jet’s low-cost arm Jet Konnect. National carrier Air India and Jet Airways standalone were neck and neck with Jet slightly ahead with 18.4% market share while Air India had 18.2% market share. GoAir had a 7.7% market share while regional airline Air Costa had a 0.1% market share. Air India’s passenger load factors breached the 70% mark as its domestic flights flew 70.7% full, better than full-service competitor Jet Airways, which had a 64.4% load factor during the month.

Read the full report here, Economic Times


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