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Sunday, 22 June 2014

Domestic Air Traffic Pick Up on Discount Splurge

Bangalore: Frequent discounted ticket offers by airlines seems to have paid off as domestic air traffic in India grew 2.78% since January-May 2014 compared to the same period last year.
The combined total of all Indian carriers ferried a total of  60.22 lakh passengers in May 2014  when compared to 57.10 lakh in April. The total number of passengers since January 2014 rising to 267.22 lakh as against 260 lakh in the same period in the corresponding year, it was reported.
Low cost carrier, IndiGo continued its market share domination with 31.7% share and 82% occupancy (Passenger Load Factor).

The entry of low cost carrier AirAsia has been seen as a threat to existing market share by its competitors who tried to halt the approvals given to the Malaysian based carrier.
Read news in full 20/06/14 New Indian Express
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