Mumbai: Amid a steep decline of 15.7 per cent in domestic passenger traffic, Air India clawed back some of its lost ground to garner a market share of 20.8 per cent in October.
Indigo, Jet Airways and SpiceJet improved yields and also gained market share after Kingfisher Airlines' licence was suspended. Air traffic in October fell sharply from 54.01 lakh in last October to 45.55 lakh passengers in 2012 despite the onset of the festival season, with analysts blaming exorbitant fares as the principal factor for the decline.
In the first ten months of the calendar year ending October, passenger traffic fell 2.5 per cent. Low-cost carrier IndiGo led with a 27.8 per cent though the Jet Airways-Jet Konnect combined managed to narrow the gap.
Naresh Goyal's airline carved a 24.7 per cent share from 23.8 per cent in September. Spice-Jet inched to 19.1 per cent up from 18.5 per cent in September. Jeh Wadia's GoAir reported a market share of 7.6 per cent.
21/11/12 Economic Times
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Indigo, Jet Airways and SpiceJet improved yields and also gained market share after Kingfisher Airlines' licence was suspended. Air traffic in October fell sharply from 54.01 lakh in last October to 45.55 lakh passengers in 2012 despite the onset of the festival season, with analysts blaming exorbitant fares as the principal factor for the decline.
In the first ten months of the calendar year ending October, passenger traffic fell 2.5 per cent. Low-cost carrier IndiGo led with a 27.8 per cent though the Jet Airways-Jet Konnect combined managed to narrow the gap.
Naresh Goyal's airline carved a 24.7 per cent share from 23.8 per cent in September. Spice-Jet inched to 19.1 per cent up from 18.5 per cent in September. Jeh Wadia's GoAir reported a market share of 7.6 per cent.
21/11/12 Economic Times
