Airline traffic dips 4% in February

Mumbai/New Delhi: Air traffic in India has dipped 4% to 38.63 lakh passengers in February from 40.87 lakh in January, according to the data released by the Directorate General of Civil Aviation (DGCA). Traditionally, Jan-March quarter is considered a lean season for air traffic. However, number of passengers carried by domestic airlines in first two months of this year is 19% higher at 80.56 lakh, as against 67.61 lakh in the corresponding period of year 2009, a sign of the sustained economic recovery.
Private carrier Jet Airways has secured 26.1% market share flying 10.08 lakh passengers. Credit JetKonnect, the airline’s no-frills service with load factors of over 90%, launched in May 2009 with nearly 15-10% lower fares then Jet, has helped the carrier report a high market share. The UB group-owned Kingfisher Airlines has managed a 22.7% market share and the carrier flew 8.77 lakh passengers. Flag carrier Air India has secured the third position with a 17.2% market share. The public sector airline flew 6.63 lakh passengers. In the low cost space, Delhi-based Indigo has managed a share of 14.9% by flying 5.77 lakh passengers while SpiceJet flew 4.65 lakh passengers to record a 12% share. The Wadia Group promoted GoAir and Chennai-based Paramount Airways and flew 2.11 lakh ans 0.62 lakh passengers each and commanded a market share of 5.5% and 1.6% respectively.
16/03/10 Financial Express

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Categories: Indian Aviation- In General Mar 2010