Thursday, October 25, 2018

IndiGo's market share improves to 42.4% in Q2: DGCA

IndiGo has continued to eat into its peers' market share, increasing its own pie to 42.4 percent at the end September from 40.7 percent at the end of the June quarter.

The data was made available by the Directorate General of Civil Aviation (DGCA).

On the other hand, all other airlines, including Jet Airways and SpiceJet, saw their market share shrinking in the quarter gone by.

Jet Airways' share was down to 13.8 percent from 13.9 percent at the end of June, and that of SpiceJet fell to 12.3 percent to 12.2 percent.

Ajay Singh-promoted SpiceJet, however, recorded the highest passenger load factor, which is a measure of average occupancy on flights.

"SpiceJet has yet again flown with the industry’s highest load factor of 93.2 percent making September the 42nd month on the trot that we have recorded the highest occupancy in India," a company spokesperson said.
Overall, the aviation market continued to grow.
24/10/18 Prince Mathews Thomas/Moneycontrol.com

0 Comments: