Wednesday, January 22, 2014

IndiGo market share shrinks for 2nd month in a row in December

New Delhi: India's largest passenger carrier IndiGo lost market share for the second consecutive month as its market share slipped marginally to 28.2% in December 2013 as compared to 28.6% in the previous month.
And clambering back to the second spot in December was low-cost carrier SpiceJet with a 19.1% market share which it shared with Jet Airways which reported a market share of 19.1% in December. However, when combined with JetLite, the Jet Airways group was the second largest airline with 24.6% market share courtesy JetLite's 5.5% share. GoAir, which was the largest gainer in November 2013, kept its market share at 8.8% during December while Air India's share fell marginally to 19%.
For experts, IndiGo's declining share for the second successive issue was not a serious issue. "It's just a marginal drop in market share and such fluctuations keep happening.
22/01/14 Economic Times
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