New Delhi: IndiGo, the largest carrier in terms of market share and capacity, added the most number of flights during the first eleven months of 2016 and will continue to add higher capacity than its peers, ICICI Securities said in a report.
“This is best illustrated with the Available Seat per Kilometre (ASK) trends for IndiGo/SpiceJet and Jet. So, while total ASK for IndiGo has increased by 30% between Jan-Nov’16, the same has been only 13% for SpiceJet and 3% for Jet.
Capacity addition by IndiGo will only increase during 2HFY17 as induction of neos gather more pace,” merchant banking and advisory firm ICICI Securities said in a report on aviation.
IndiGo is the largest domestic carrier in the country both in terms of capacity as well as market share. During the month of November, the airline carried 42.1% passengers, according to the Directorate General of Civil Aviation data.
22/12/16 Mihir Mishra/Economic Times
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“This is best illustrated with the Available Seat per Kilometre (ASK) trends for IndiGo/SpiceJet and Jet. So, while total ASK for IndiGo has increased by 30% between Jan-Nov’16, the same has been only 13% for SpiceJet and 3% for Jet.
Capacity addition by IndiGo will only increase during 2HFY17 as induction of neos gather more pace,” merchant banking and advisory firm ICICI Securities said in a report on aviation.
IndiGo is the largest domestic carrier in the country both in terms of capacity as well as market share. During the month of November, the airline carried 42.1% passengers, according to the Directorate General of Civil Aviation data.
22/12/16 Mihir Mishra/Economic Times
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