InterGlobe-owned Indigo turned out to be the big winner in Indian aviation sector in 2016, increasing its domination of the Indian skies relentlessly through the year.
It was a good year for Indian aviation as low fuel prices kept fares affordable, leading to a 23% jump in total passengers to 99.9 million; almost 10 cr passengers in the year.
Indigo started the year as the biggest airline in India, with a market share of 37% in the first quarter of the year.
Its market share rose to 38.4% in the second quarter and 39.9% in the third quarter. For the final quarter, it had a market share of 41.6%, crossing the 40% mark for the first time.
For the crucial October holiday season, Indigo had a market share of 42.6%.
For the year as a whole, it carried a total of 393 mln (39.3 cr) passengers. The runner up was Jet Airways + Jet Lite combination, which carried 190 mln passengers during the year.
No other airline was able to come anywhere close to Indigo in terms of its growth.
Most of Indigo’s gains came from the Jet group and Air India, while its private sector competitors — SpiceJet, GoAir, AirAsia and Vistara — managed to hold on to their market shares to a large extent.
While Air India’s share wnet from 15.4% in the first quarter to 13.3% by the last quarter, Jet Airways moved from 18.2% to 15% by the final quarter.
17/01/17 S Nambrath/rtn.Asia
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It was a good year for Indian aviation as low fuel prices kept fares affordable, leading to a 23% jump in total passengers to 99.9 million; almost 10 cr passengers in the year.
Indigo started the year as the biggest airline in India, with a market share of 37% in the first quarter of the year.
Its market share rose to 38.4% in the second quarter and 39.9% in the third quarter. For the final quarter, it had a market share of 41.6%, crossing the 40% mark for the first time.
For the crucial October holiday season, Indigo had a market share of 42.6%.
For the year as a whole, it carried a total of 393 mln (39.3 cr) passengers. The runner up was Jet Airways + Jet Lite combination, which carried 190 mln passengers during the year.
No other airline was able to come anywhere close to Indigo in terms of its growth.
Most of Indigo’s gains came from the Jet group and Air India, while its private sector competitors — SpiceJet, GoAir, AirAsia and Vistara — managed to hold on to their market shares to a large extent.
While Air India’s share wnet from 15.4% in the first quarter to 13.3% by the last quarter, Jet Airways moved from 18.2% to 15% by the final quarter.
17/01/17 S Nambrath/rtn.Asia
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