Good times for Kingfisher, SpiceJet & IndiGo

New Delhi: The peak season coupled with attractive fares helped Kingfisher, SpiceJet and IndiGo to gain market share in November. While Jet Airways and JetLite and GoAir managed to build market share during this period, Paramount Airways and Air Deccan failed to draw passengers.
According to a data released by the directorate general of civil aviation, public sector Indian saw its market share declining sharply during this period to 15.6% from 17.6% in October. Seat factor of almost all the airlines, however, improved in November compared to October. Domestic air traffic grew at nearly 35% to 39.23 million during January-November.
Vijay Mallya’s Kingfisher has aggressively increased its fleet size taking it to around 39 aircraft over the last one year. This has spurred the airline’s growth in the market share. National carrier Indian’s fall in market share may be due to its focus on integrating itself with Air India. The airline has also not increased its fleet size in the last few months.
14/12/07 Nirbhay Kumar/Economic Times

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Categories: Indigo Airlines Dec 2007, Kingfisher Dec 2007, SpiceJet Dec 2007