GoAir gets record 10.1% market share in June thanks to non-metro flyers

Mumbai: Surpassing the 10 percent level for the first time, Wadia Group promoted GoAir achieved 10.1 percent market share in June, the airline said today.

The airline has achieved its highest ever market share of 10.1 percent in June, with maximum growth in the industry in terms of the number of passengers carried going up by 29.1 percent, as compared to the same period last year, GoAir saidin a release here.

"The results are a consequence of deploying additional capacity in Metro to Non-Metro routes where growth has been consistently strong. We have now more than 70 percent of our capacity deployed on such routes with Srinagar, Pune, Goa, Nagpur and Patna being the strongest Non-Metro catchment areas," GoAir CEO Giorgio De Roni said.

 GoAir gets record 10.1% market share in June thanks to non-metro flyers

Reuters

The airline has recorded a positive growth in the market share for three months in a row, the airline said adding that in April it stood at 9.5 percent, May at 9.8 percent and now in June the market share is growing to 10.1 percent.

The numbers in June have been very promising as the airline obtained them with a capacity share of 9.1 percent and the highest load factor of 81.5 percent, it said.

The airline had recorded the second highest load factor of 81.8 percent in May and latest figures reflect a steady growth, the release added.

PTI

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Updated Date: Jul 21, 2014 07:30:17 IST