Ad Here  
SpiceJet considering a US $ 4 billion order India will need more aircraft Red tape hits TATA SIA aircraft delivery SpiceJet to raise capital Air-India targets revenue of Rs 21,500 crore IndiGo’s market share overtakes Jet Flying high... New Chennai Terminal: Next regional hub AirAsia to sell tickets to beat competition A ruse to protect western airlines? Tata Singapore Airlines JV to launch operations in October’14 Flying High... Kingfisher brand up for sale For whom Chennai airport toils? Skewed planning impacts growth Chennai Airport to be privatised
IndiGo’s market share overtakes Jet

IndiGo, one of the successful low cost domestic carriers has emerged as India’s largest airline by passengers flown, pushing back old timer Jet Airways. Based in the capital’s NCR region of Gurgaon, the airline has captured 31.6 per cent of the market leaving Jet Airways behind at 21.8 per cent, reveals data released by the Directorate General of Civil Aviation (DGCA).

IndiGo was launched eight years ago in 2006 when it garnered nearly 29 per cent market share by 2013 closely followed by Jet with 23 per cent, SpiceJet 20 per cent and GoAir 10 per cent.

The country’s air market has grown by a near five per cent in April 2014 to six million passengers compared to five million passengers in the same month a year ago. The Tata group is all set to launch a budget airline in joint venture with AirAsia of Malaysia and the premium Singapore Airlines for international operations. They will start on a clean slate unburdened by legacy costs, airline industry sources said.


Author :
Reported On :
Sector :
Shoulder :
IE, the business magazine from south was launched in 1968 and pioneered business journalism in south. Through the 45 years IE has been focusing on well-presented and well-researched articles. When giants in the industry stumbled to keep pace with the digital revolution, IE stayed affixed embracing technology.
Read more
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
S-15, Industrial Estate,
Chennai - 600 032.
PHONE: +91 44 22501236