Mumbai: The annual aviation report 2012 prepared by Centre for Asia Pacific Aviation (CAPA) lists IndiGo as one of the fastest growing airlines. Jet Airways has slipped seven places to 46th rank.
The report determines the top 50 airlines based on deployed capacity and was released on Monday.
Jet Airways has been reducing capacity on both domestic and international sectors. It pulled out of two long haul sectors—Johannesburg and New York to cut losses. The airline has not launched new international routes in the last few months and is yet to take a call on starting flights to Munich. Its plans to start flights to Manila too did not take wings.
On the domestic side too Jet has lowered capacity on unprofitable sectors and as per its approved winter schedule number of flights is down from 2,905 to 2,505 per week. Jet's (standalone) market share too is under pressure with Air India and SpiceJet carrying more passengers on domestic routes last November.
01/01/13 Aneesh Phadnis/Business Standard
