Wednesday, September 19, 2012

NEWS| IndiGo widens lead over Jet Airways and JetKonnect; carries maximum number of passengers in August

IndiGo widened its lead over Jet Group for carrying most number of Indian passengers as it expanded its market share to 27.6% in August compared with 27% last month.Low-cost airline IndiGo widened its lead over Jet AirwaysBSE -0.03 % and JetKonnect for carrying most number of Indian passengers as it expanded its market share to 27.6% in August compared with 27% last month. 

Meanwhile, Jet Airways and JetKonnect together carried fewer passengers in August at only 25.2%, compared with 26.6% of the total domestic travellers in July, official data by Directorate General of Civil Aviation (DGCA) shows. 

It was for the first time in July that the Rahul Bhatia-owned budget airline had taken over the Jet group carriers, which had been the biggest airline in India by market share for years. The prophecy made by industry experts then about the gap between IndiGo and Jet widening, seems to have come true. 

This month, IndiGo has flown 1.04 lakh more passengers than Jet Airways and JetKonnect put together, as opposed to a lead of merely 19,000 passengers last month. 

However, fewer people flew in August compared with July. According to the DGCA data, scheduled domestic airlines carried 43.69 lakh passengers this month, much less than 5.37 lakh in July. This was still smaller than in June when over half a million passengers at 51.08 lakh had undertaken air travel. Meanwhile, SpiceJet also increased its market share in August to 18.5% and so did Wadia-owned GoAir at 7.4%.

SOURCE:http://economictimes.indiatimes.com/news/news-by-industry/transportation/airlines-/-aviation/indigo-widens-lead-over-jet-airways-and-jetkonnect-carries-maximum-number-of-passengers-in-august/articleshow/16456013.cms



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