Domestic travel segment clocks 38% growth

New Delhi: It could never have been better than this for the civil aviation industry. There has been a growth of more than 38% in domestic travellers in the first seven months of the current year. This year, between January and July, more than 248.52 lakh passengers travelled as against 180.34 lakh in the same period last year.
According to sources in the civil aviation ministry, the marketshare of full service airlines has also seen an increase. In fact, this has come at a time when more and more players are coming into the airlines business. Leading the pack is Indian Airlines which has seen an increase in its marketshare from 19.8% to 20.5% in the first seven months of the current year.
Jet Airways saw a jump from 22% to 22.7%, Jet Lite from 6.7% to 7%, while Kingfisher registered a growth in marketshare of 13% from 12.8%. However, the marketshare of low-cost carriers (LCC) dropped, with Air Deccan, which had a marketshare of 18.1%, witnessing a drop to 16.1%, while Spice Jet dropped from 8.3% to 7.7% in the same period.
19/08/07 Raja Awasthi/Economic Times

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Categories: General Aviation Aug 2007