Air traffic up 13% on fests, Indigo tops
- Tanzanian student was not stripped, paraded naked: K'taka Home Minister
- National Herald case: Sonia, Rahul Gandhi move SC challenging Delhi HC order
- Budget session of Parliament to begin on Feb 23; Jaitley hopeful of GST
- Suspended UP chief engineer Yadav Singh arrested, Congress, BJP say probe links
- Will stand by Pakistan if it acts on terror: Rajnath Singh
The number of people travelling by domestic airlines grew by over 13 per cent in October, as high demand during holiday season arrested a five-month downward streak, with low-cost carrier IndiGo retaining its position as the market leader.
The total number of passengers carried by scheduled domestic airlines grew to 45.55 lakh in October, from 40.18 lakh in previous month, the Ministry of Civil Aviation said in a release.
IndiGo carried the largest 12.66 lakh passengers, commanding a market share of 27.8 per cent in the month of October. Its market share has risen from 27.2 per cent in the previous month, when it had carried 10.94 lakh passengers.
National carrier Air India also saw its market share growing from 19.3 per cent in September to 20.8 per cent, while its number of passengers rose from 7.75 lakh to 9.49 lakh.
Private carriers like Jet Airways and SpiceJet also saw increase in their market shares and numbers of passengers in October, which is considered a holiday season due to various festivals.
In terms of market share, IndiGo was followed by Jet Airways and JetLite combined (24.7 per cent), Air India (20.8 per cent), SpiceJet (19.1 per cent) and GoAir (7.6 per cent).
Crisis-ridden Kingfisher Airlines, which once had second largest market share but is currently grounded, did not fly any passenger in October. It had carried just 1.41 lakh passengers in September with a market share of 3.5 per cent.
Stocks More on Kingfisher Airlines
Company INFO More on SpiceJet
In a separate release, the ministry said that Civil Aviation Minister Ajit Singh has asked Air India to further improve its passenger load factor and on-time performance while implementing various customer friendly initiatives.
The carrier has undertaken measures like new fare schemes, improved aircraft utilisation and stopping free allowance for excess baggage in its flights, the release said.
- Outcome on Section 377 will depend on composition of the Constitution bench
- Inadequate staff, payment delays undermine MGNREGA in drought-hit Mahabubnagar
- ICDS, the primary scheme targeting malnutrition, needs to be broadened
- Rohith's death must focus attention on the rites of exclusion in the university
- Telescope: State in the bedroom
- The economy is best served by lowering interest rates and blocking protectionism