Budget carrier and domestic aviation market leader IndiGo flew fewer passengers in October 2019 while SpiceJet’s monthly passengers flown numbers increased. IndiGo’s market share was down to 47.4% from last month’s 48.2%. On the other hand, SpiceJet’s share rose to 16.3% from September’s 14.7%, according to latest DGCA data. Other major carriers including state-run Air India and Go Airlines also reported a decline in their passenger growth. However, IndiGo is still the market leader with almost every one in two passengers flown by the Rahul Bhatia and Rakesh Gangwal-founded airline. SpiceJet trails with over 16% share.
While Indian aviation industry suffered a major setback with the grounding of Boeing 737 MAX earlier this year followed by the shut down of Naresh Goyal-founded Jet Airways in April, the industry has still reported an over 3% passenger growth rise during September 2018 to October 2019, according to the Directorate General of Civil Aviation. While 11.46 crore passengers were flown within India from January-October 2018, the number has witnessed a marginal jump to 11.82 crore passengers during the January-October 2019 period.
According to the DGCA data, IndiGo has 47% share of domestic aviation and the airline maintains its top position even after the slip in October number of passengers. Following IndiGo is Ajay Singh’s SpiceJet, state-run Air India at 12.9%, Go Air at 10.6%, Air Asia at 6.1% and Vistara at 5%.
Further, the DGCA data has also reported the timeliness of various airlines and GoAir delivered highest number of on-time performance in October 2019 at 79.9%. On the other hand, Air India reported the lowest at punctuality at 54.3%, meaning one in two Air India flights are late. This takes into account data collected from four major airports in the country viz New Delhi, Mumbai, Bengaluru and Hyderabad.
19/11/19 Financial Express
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While Indian aviation industry suffered a major setback with the grounding of Boeing 737 MAX earlier this year followed by the shut down of Naresh Goyal-founded Jet Airways in April, the industry has still reported an over 3% passenger growth rise during September 2018 to October 2019, according to the Directorate General of Civil Aviation. While 11.46 crore passengers were flown within India from January-October 2018, the number has witnessed a marginal jump to 11.82 crore passengers during the January-October 2019 period.
According to the DGCA data, IndiGo has 47% share of domestic aviation and the airline maintains its top position even after the slip in October number of passengers. Following IndiGo is Ajay Singh’s SpiceJet, state-run Air India at 12.9%, Go Air at 10.6%, Air Asia at 6.1% and Vistara at 5%.
Further, the DGCA data has also reported the timeliness of various airlines and GoAir delivered highest number of on-time performance in October 2019 at 79.9%. On the other hand, Air India reported the lowest at punctuality at 54.3%, meaning one in two Air India flights are late. This takes into account data collected from four major airports in the country viz New Delhi, Mumbai, Bengaluru and Hyderabad.
19/11/19 Financial Express
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