Thursday, January 24, 2008

Win some, lose some

While the more established players are aggressively looking at the international skies, the relatively younger carriers have had some reason to cheer in the domestic market. According to the latest figures by the Directorate General of Civil Aviation (DGCA), domestic low-cost carriers such as Spicejet, Paramount, GoAir and Indigo have gained at the expense of full-service operators such as Jet and Indian.
Kingfisher has been relatively lucky, seeing a marked appreciation in market share on the back of a differentiated product offering. Jet Airways’ market share came down from 31.2% at the end of 2006 to touch 22.6% at the end of 2007. Indian, on the other hand, saw its market share fall from 21.5% at the end of 2006 to 19% at the end of 2007. Incidentally Indigo, which started operations in the third quarter of 2006 saw its market share go from 6.3% to 7.6% for 2007.
Spicejet, Paramount and Indigo, in contrast, grew by 1.9%, 0.6% and 1.3% respectively.
24/01/08 Shauvik Ghosh/Financial Express
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