Tuesday, June 13, 2006

IA, Jet, Sahara hit back to gain share in April

New Delhi: The legacy carriers are finally hitting back at their high-flying start-up rivals in the Indian skies.
After months of losing marketshare to the new low-cost entrants, the three legacy carriers - Indian Airlines, Jet Airways and Air Sahara - have finally witnessed a reversal in the new fiscal, with their combined marketshare in April 2006 reporting a slight growth to 66.7%.
In comparison, their combined share of the Indian skies had been dropping for the whole of 2005-06, touching a low of 65.1% in March this year.
This April also marks the first time in 13 months that the group of four start-up airlines - Air Deccan, Kingfisher, SpiceJet and GoAir - have witnessed a drop in their combined marketshare at 33.3%.
According to latest DGCA figures, the 2006-07 fiscal has opened a bright note for the legacy airlines, which are witnessing a growth in their share of the market pie.
13/06/06 Byas Anand/Times of India
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