Low-cost carriers gain on Air India's plight

Mumabi: Top low-cost carriers (LCCs) increased their domestic market share in May as they benefited from the woes of state-owned Air India, which has been laid low by a long-dragging tiff with its pilots.
SpiceJet and IndiGo were the top market gainers last month as they ate into the share of their full-service counterparts. With the no-frills carriers planning to add more capacity this year, the trend is likely to continue.
According to the latest figures by Directorate General of Civil Aviation, Air India lost the maximum market share from 17.6% in April to 16.2% in May, while cash-strapped Kingfisher Airlines continued to stay at the bottom with its share dropping to 5.2% last month from 5.4% in April.
While Jet Airways retained its market share at 21.4% in May 2012, its low-cost brand, JetLite, saw a marginal dip of 0.3% to 6.5% market in May.
20/06/12 y Amritha Pillay/Business Standard

To Read the News in full at Source, Click the Headline

Categories: Air India Jun 2012, Indian Aviation- In General Jun 2012, Low Cost General Jun 2012