Indigo Continues to Lead Domestic Aviation Industry With 40% Market Share
Domestic air traffic in January to July rises 23% compared to the same period last year.
Indigo Airlines continued to dominate the domestic aviation industry with 39.8 percent of the market share under its wing in July 2016, according to data released by regulatory body Directorate General of Civil Aviation. The market share at the end of last month stood at 37.9 percent.
At a distant second, Jet Airways’ market share remained unchanged at a 16.3 percent in July, followed by Air India and SpiceJet.
Indigo vs SpiceJet
While the market shares of Air India, Jet Airways, and Go Air have remained almost unchanged over the last two years, Indigo and SpiceJet have seen divergent trends.
Indigo’s market share rose nearly 10 percent over the last two years, whereas SpiceJet’s market share fell to 12.7 percent from 18 percent in the same period. After a dip in the third quarter of 2015, Indigo has seen a steady rise in its market share. SpiceJet’s market share after falling to 9.4 percent from 19.6 percent in just two quarters in 2014-15, has failed to make any substantial recovery.
Other Highlights
The country’s domestic air traffic grew 23 percent between January to July this year, carrying 560.9 lakh passengers compared to corresponding period last year, according to the DGCA’s data. However, the domestic air traffic growth remained stagnant in July compared to the previous month as the tourist season came to an end.
New carrier Vistara was named the winner of the On-Time Performance (OTP) of scheduled domestic airlines for the second month in a row. This OTP was computed for four metro airports – Bangalore, Delhi, Hyderabad, and Mumbai.
