Mumbai: The ongoing crisis at budget airline SpiceJet, whose operations came to almost a halt last week, has helped IndiGo and Jet Airways reinforce their positions as the top two carriers in the country with both continuing to increase shares in December, say travel industry executives.
At Cleartrip.com, shares of IndiGo and Jet Airways increased by 3.8% and 3.5%, respectively, in the first fortnight of December, compared to November, said Samyukth Sridharan, president and chief operating officer at the travel portal.
"SpiceJet's share dipped by 6.3% on Cleartrip during this period," he told ET.
Another industry executive, who didn't want to be identified, said better part of the gains went to IndiGo. "We saw a 21% monthon-month increase in IndiGo sales in December compared to a 53% decline on SpiceJet. Jet increased only by 4%," the person said. "But for corporate agencies the jump in Jet Airways will be much higher," he added.
23/12/14 Anirban Chowdhury/Economic Times
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At Cleartrip.com, shares of IndiGo and Jet Airways increased by 3.8% and 3.5%, respectively, in the first fortnight of December, compared to November, said Samyukth Sridharan, president and chief operating officer at the travel portal.
"SpiceJet's share dipped by 6.3% on Cleartrip during this period," he told ET.
Another industry executive, who didn't want to be identified, said better part of the gains went to IndiGo. "We saw a 21% monthon-month increase in IndiGo sales in December compared to a 53% decline on SpiceJet. Jet increased only by 4%," the person said. "But for corporate agencies the jump in Jet Airways will be much higher," he added.
23/12/14 Anirban Chowdhury/Economic Times
