Low-fare flights put Jet back to top slot

Mumbai: Jet Airways (India) Ltd’s decision to introduce all-economy and no-frill services seems to be paying off. After a gap of eight months, the Mumbai-based carrier has regained the top slot, in terms of passenger carried, from rival Kingfisher Airlines Ltd in July.
According to Directorate General of Civil Aviation (DGCA) data, released on Wednesday, the market share of Jet Airways and its low-fare unit JetLite (India) Ltd, stood at 26.3% in July against 23.9% in June. Kingfisher’s market share dropped to 23% in July from 24.4% in June. Air India’s market share fell to 16.2% in July from 17.5% in June.
Delhi-based low-fare carrier IndiGo run by InterGlobe Aviation Pvt. Ltd has retained its status as the largest low-fare carrier with a market share of 14% in July, up from 13.6% in June.
Seat occupancy on Jet Airways has risen while that on other airlines registered a decline, according to DGCA data. While Jet’s seat occupancy ratio rose from 67.8% in June to 69.7% in July, Air India’s plunged from 67.9% to 58.3%.
12/08/09 P.R. Sanjai/Livemint

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Categories: Jet Airways Aug 2009, Low Cost General Aug 2009