IndiGo, SpiceJet's market share up; AI, Kingfisher lose ground

Mumbai: No-frills carriers increased their marker share in May, while the struggling Air India (AI) and Kingfisher Airlines continued to lose in the marketplace sweepstakes.

While Air India saw the largest fall in market share in the reporting month to 16.2 percent from 17.6 percent in April, the second largest no-frills carrier SpiceJet saw its market share rising to 18.5 percent from 17.7 percent in April, according to the latest data released by civil aviation regulator DGCA.[caption id=“attachment_348312” align=“alignleft” width=“380” caption=“Miniting money. Reuters”]  [/caption]

The largest low-cost airline IndiGo saw its market share rising to 24.9 percent in May from 23.8 percent in April, while the Jet Group saw its share more or less stagnating at 27.9 percent.

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While Jet share remained where it was in April, JetLite saw its dipping a tad by to 6.5 percent from 6.8, despite a major improvement in its passenger load factor which rose from 76.8 in April to 80.5 in May. GoAir also saw its share dipping a bit to 7.2 from 7.3 percent.

Accordingly, Spice and IndiGo also had their load factor rising considerably, to 82 from 80 and to 86.3 from 82, respectively, while that of Air India remained stagnant at 70.6 in May from 70.5 in April.

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Kingfisher had the deepest fall in the load factor in May to 73.3 from 77 in April.

PTI

PTI