Indian air tariff grows by 2.3% in November
India Domestic air passenger traffic grew moderately with the country’s six scheduled airlines together carrying 5.14 million passengers in November.
India Domestic air passenger traffic grew moderately with the country’s six scheduled airlines together carrying 5.14 million passengers in November. This is an increase of around two% over the 5.02 million passengers who had availed of air travel services during the same period last year.
Data available with the Directorate General of Civil Aviation show even though overall capacity in the domestic market went up by 10.5% last month, demand increased at a much slower pace at 2.5%.
Interestingly, state-owned Air India overtook SpiceJet to become the second largest passenger airline in the domestic market with share of 19.3% in air traffic during the month. Budget carrier IndiGo continued to maintain a strong lead in the domestic market with nearly one out of every three travelers preferring to fly with the airline. Indigo recorded market share of 28.6% during the month, significantly higher than Jet Airways (which along with low-cost arm JetLite) accounted for 24.1% (Jet Airways 18.5% and JetLite 5.6%)% of the domestic air travel market.