Deccan, SpiceJet lose mkt share

New Delhi: Hit by monsoon blues, budget carriers, Air Deccan and SpiceJet, have suffered loss in market share during July 2007 — the latest month for which official traffic data is available. According to Directorate General of Civil Aviation (DGCA) figures, full-service carriers marginally increased their market share during the month.
Country’s largest low-cost carrier, Air Deccan, saw its market share going down to 16.1% in July this year, down by 2 percentage points as compared to the previous month. SpiceJet’s share stood at 7.7% during the month as against 7.7% in June.
SpiceJet’s seat factor declined to 71.4% during July as compared to 77.9% in June. Seat factor of Air Deccan fell too sharply in July to 67.7% from 84.8% in June. The declining share of the two low-cost players is probably on account of hike in fares which has improved their revenues.
SpiceJet officials, however, could not be contacted for comment. Market share of full service airlines — Indian, Jet Airways and Kingfisher –– increased marginally. The market share of Indian went up to 20.5% in July as compared to 19.8% in June. Jet, the market leader, increased its share to 22.7% as compared to 22% in the previous month. Kingfisher increased its market share to 13% in July as compared to 12.9% in June.
22/09/07 Nirbhay Kumar/Economic Times

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Categories: Air Deccan Sep 2007, SpiceJet Sep 2007