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Thursday 2 March 2017

IndiGo Continues To Rule Indian Skies Even As January Market Share Dips Slightly

InterGlobe Aviation Ltd.-promoted low-cost airline IndiGo began the new year with yet another month of superior market share in the domestic aviation industry.
IndiGo's market share in January 2017 stood at 39.8 percent, slightly lower than the revised 40.3 percent share it had captured in December 2016, according to data released by the regulatory body Directorate General of Civil Aviation (DGCA).
Jet Airways Ltd. saw its market share improve 50 basis points to 15.5 percent, while low-cost rival SpiceJet Ltd. held 12.8 percent.

The passenger load factor, used to measure the capacity utilisation of airlines, was largely unchanged from December for most major operators.
The number of passengers carried by domestic airlines during January grew 25.1 percent to 95.8 lakh from 76.6 lakh in the corresponding month of the previous year.
On a monthly basis, the number passengers carried in January was slightly higher than the 95.2 lakh passengers carried in December 2016.
To Read the News in Full 17/02/17 Azman Usmani/Bloomberg Quint
 

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