Friday, August 19, 2022

IndiGo leading airline with 60% domestic market share; Vistara pips Air India, SpiceJet to bag 2nd spot

New Delhi: For the first time since it started operations in January 2015, Tata Sons-Singapore Airlines joint venture Vistara has become the second biggest airline by domestic market share in July. The carrier’s market share was 10.4 per cent in the month when it flew 1.01 million passengers.

Full service Vistara followed market leader IndiGo which owned a 58.8 per cent share. Vistara bagging the second spot is a big thing in itself as the the number two slot was rotating between SpiceJet, Go First and Air India for the past few months.

According to data from the aviation regulator, Vistara controlled 7.5 per cent of the market in January and was around 9 per cent in the subsequent months.

Following IndiGo and Vistara on the list were Air India, Go First, SpiceJet which were separated by just decimal points. While the Tata-owned Air India owned 8.4 per cent market share, up from 7.5 per cent in June; Go First was at 8.2 per cent and SpiceJet at 8 per cent.

SpiceJet had the highest occupancy on domestic flights at 84.7 per cent last month, followed by Vistara at 84.3 per cent. Other big airlines had load factors in seventies.

The month of July witnessed over 97 lakh domestic flyers, 7.6 per cent lower than the 1.05 crore in June, DGCA data showed.

Meanwhile, the combined domestic market share of the Tata Group airlines - AI, Vistara and AAIPL - was 23.4 per cent. This does not account for Air India Express that is essentially a regional international airline.

19/08/22 ETNow

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