Indian closes in on Jet

New Delhi: State-owned Indian Airlines has closed in on the country’s largest private sector carrier Jet Airways by posting a market share of 21.9% in March 2007, just 1 percentage point short of the latter’s 22.9% during the month.
According to the latest figures of the Directorate General of Civil Aviation, Air Deccan is now a distant third with a market share of 17% in March. Vijay Mallya’s Kingfisher also posted a double-digit market share of 10.6% in the last month of 2006-07 fiscal.
If Air Sahara is considered to be part of Jet, then Jet’s share would rise by 8 percentage points during the month.
While domestic market grew over 40% during 2006-07 and two new airlines joined a dozen already in the skies, Indian Airlines managed to have held on to its market share. In March 2006, its market share was 23.2% and Jet was number one player with a share of 34.6%. IA lost less than 2% of its share, but Jet’s share dipped sharply by 11.5 percentage points between the 2 months.
19/04/07 Atreyee Dev Roy/Financial Express

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Categories: General Aviation Apr 2007, Indian Apr 2007, Jet Airways Apr 2007