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Monday, 6 July 2015

IndiGo close to grabbing 40% of Indian domestic market; Delhi passes 40 million passenger milestone

With three new entrants in the last 18 months (Air Costa, AirAsia India and most recently Vistara) India’s domestic air travel market once again has nine significant scheduled airlines, the same number as in 2009. MDLR ceased operations towards the end of that year and was followed in 2010 by Paramount. Kingfisher’s dramatic demise in late 2012 came just two years after it was the biggest Indian domestic airline with around 20% of the market. That title now belongs to IndiGo which became the market leader in early 2012 and has now seen its share of domestic air travel grow to almost 40%, well ahead of Jet Airways (less than 20%) and Air India (around 16%). Each of the three newest carriers has around 1% of the market at present.

Since the beginning of 2015 domestic air travel in India has been growing at around 20%, helped by lower fuel prices. The last time that the domestic market was growing this quickly was back in the third quarter of 2011.
Read news in full 30/06/15 anna.aero

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