Kingfisher’s share of Indian domestic market falling fast

Latest data from the Indian DGCA (Directorate General of Civil Aviation) for October reveals that Kingfisher Airlines has seen its share of the Indian domestic air travel market fall from 18.8% in August to 16.7% in October. As a result, it has now been overtaken by IndiGo whose market share has risen from 18.7% to 19.6% in the same period. The Jet Airways group of airlines (Jet Airways plus JetLite) has a combined share of 24.8%, the first time that it has had less than 25% of the market since June 2009. Despite a 2.1 percentage point drop in its domestic market share, Kingfisher still transported more domestic passenger in October 2011 than it did in October 2010. Also worth noting is that SpiceJet’s market share has now reached an all-time high of 16.1%, up 2.7 percentage points in just two months, helped by launching a raft of new routes with its new Q400 aircraft.
DGCA figures for October also show that Indigo had the highest seat load factor figure of 84.2%, followed by Kingfisher (79.3%) and SpiceJet (78.0%), while Jet Airways had the lowest load factor at just 70.8%. IndiGo and GoAir had the lowest flight cancellation rates in October (both 0.2%), while Kingfisher (2.8%) and Air India (3.0%) had the highest. Air India also had the worst punctuality record (80%), with all other carriers achieving between 89% and 94%.
24/11/11 anna.aero

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Categories: Kingfisher Nov 2011