Friday, June 12, 2020

This airline gained most market share after domestic flights resumed in India

These may not be the times when airlines obsess about market share with most just barely meeting ends. Nevertheless, the first few days of domestic operations, after they resumed on May 25, may have reshuffled the industry's pecking order by market share, in a most interesting manner.
Data from online travel portal EaseMyTrip showed that AirAsia India has gained the most and considerably improved its market share to 12.65 percent, from 7 percent during pre-COVID-19 times.
It's now third to IndiGo and SpiceJet and has overtaken GoAir and Air India.

"These rankings are based on the bookings from June 1 to 10, for travel till June 12," said Nishant Pitti, CEO, EaseMyTrip.com.

In February, shows data by industry regulator DGCA, AirAsia India had a market share of 7.1 percent and was ranked just about Vistara.
To be sure, these rankings will change the moment the government opens up the sector a little more. As per government directions, airlines can operate only one-third of their summer schedule, till August 24.

This has made AirAsia India's operations, which otherwise has a much smaller fleet than GoAir and Air India, comparable to its larger peers.
12/06/20 Prince Mathews Thomas/moneycontrol.com
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