Monday, January 19, 2015

Domestic air traffic grew 9.7% in 2014

Mumbai: Growth is back in Indian aviation. Fuelled by a slew of discount offers Indian carriers flew 67.3 million passengers in 2014 which is a growth of 9.7% over 2013.

The growth in 2014 was led by private airlines which flew 54.9 million passengers (10.9% growth over 2013) while Air India flew 12.4 million passengers in 2014 (4.3% growth over 2013)

In 2013  domestic air traffic had grown at a modest 4.4% over 2012. In 2013 airlines carried 61.4 million passengers while the year  2012 had seen passenger number decline over 2011.

In December 2014 airlines flew 6.4 million passengers a rise of 15% over December 2013 figure (5.5 million). 

The country's largest domestic airline IndiGo was the biggest beneficiary of SpiceJet crisis and IndiGo recorded a market share of 36.1% in December (up from 33.5 in November) while SpiceJet's share plunged to 10.4% in December from 14.9% in the previous month.
19/01/15 Aneesh Phadnis/Business Standard
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