Low-cost airline IndiGo has almost doubled its share of India’s international flights in the first quarter of FY24 from the corresponding pre-pandemic period, expanding its lead in this lucrative segment.
Between April and June, IndiGo, the largest domestic airline, has achieved a 17.2% market share, among both Indian and foreign airlines operating on international routes, up significantly from 9.6% in the June quarter of 2019, according to data from the Directorate General of Civil Aviation (DGCA).
In comparison, foreign aviation giant Emirates’ share of total international passengers dropped from 9.7% to 8.6% during the period under consideration. Etihad’s share also fell to 2.6%, from 4.6% earlier.
Domestic rival Air India also increased its market share from 11.6% to 12.5% during the period, but its subsidiary, Air India Express, witnessed a decline in its market share in the June quarter, from over 8% in the corresponding 2019 period to 7.8%.
Denne historien er fra October 18, 2023-utgaven av Mint Mumbai.
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Denne historien er fra October 18, 2023-utgaven av Mint Mumbai.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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