IndiGo Now Number 1 in the Indian Domestic Market

Monday, 1st October 2012 at 02:42am

For the first time in its history, IndiGo Airlines grabbed the biggest share in Indian domestic market for fiscal year to date, overtaking the erstwhile leader, Jet Airways. IndiGo cornered 27.6 percent as against Jet Airways' 25.2 percent including its subsidiary, JetLite.

The latest figure was based on the data published recently by the Directorate General of Civil Aviation (DGCA). IndiGo Airlines' ascension to the top of the ladder is due in part to its aggressive expansion strategy to all major and key cities in the subcontinent. The low-cost carrier has even managed to draw in a sizable chunk of business travelers who only previously flew on full-service airlines. The third spot was held by Spice Jet, another budget airline, with a market share of 18.5 percent. Coming in a close fourth place was Air India who managed to garner 18.2 percent of the domestic market share. Dwelling at the cellar, at fifth place, is Kingfisher Airline, snaring a measly 3.2 percent of the market.

The market share held by Kingfisher was not much of a surprise as it withdrew most of its domestic flights late last year due to financial crisis. Subsequently, it grounded much of its aircraft following the cancellations of many flights, mostly to overseas destinations and to many domestic points across India. Industry analysts observed that Spice Jet is an airline to watch at the moment as it is poised to challenge IndiGo's dominance in the domestic sector following its major expansion plans including the opening of flights outside India. The airline is planning to open more short haul flights to cities which are currently underserved or unserved by any major local airlines.

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