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%.
Bu hikaye Mint Mumbai dergisinin October 18, 2023 sayısından alınmıştır.
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Bu hikaye Mint Mumbai dergisinin October 18, 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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