Full service carriers losing altitude

New Delhi: Indian and Jet Airways, continue to see a decline in the passenger load factor even as low cost carriers gather steam.
The only exception to this trend is Vijay Mallya’s Kingfisher, which has seen an uptrend all through this year.
According to data put out by the Directorate General of Civil Aviation, Jet Airways lost ground by the largest margin - almost 10 percentage points - between January and October this year, versus the same period in 2006. From 32.3% market share, Naresh Goyal’s airline is now commanding only 22.7% of the domestic market.
State-owned Indian has also been losing share, closing October with only 17.6%. Between January and October, the airline’s share fell to 19.8% (22.2%).
However, Kingfisher saw its market share increase to almost 12% from 8.4% during the first 10 months of 2006. During the period under review, SpiceJet, Go Air and Indigo have seen handsome market share gains at 8.4% (6.7%), 4.1% (2.4%) and 7% (0.7%). Again, the only exception to this trend was JetLite, which saw its share slip from 8.8% to 7.3% over the 10-month period.
23/11/07 Sindhu Bhattacharya/Daily News & Analysis

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Categories: General Aviation Nov 2007, Low Cost General Nov 2007