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New Delhi, Nov 19: India's youngest domestic carrier Indigo Airlines has climbed to the third spot in capacity utilisation with a seat factor of 73.5% in October, the third month of its operation. SpiceJet continues to be at the top with a load factor of 77.3%, followed by Air Deccan at 76%.
According to the directorate general of civil aviation’s market share figures, October proved to be particularly beneficial to low cost carriers as the market share of SpiceJet, Go Air and Indigo increased from 6.8%, 2.5% and 1.9% in September this year to 7.1%, 3.4% and 3.5%, respectively, in October.
However, despite offering a large number of tickets at nominal prices of Rs 3 and Rs 6, India’s first low-cost carrier Air Deccan’s market share has actually been on the downslide. After touching a high of 21.2% in June, the airline’s share registered an average of 19.3% in the second quarter of the current financial year, further dropping to 18.1% in October.
State-owned Indian Airlines’ market share plummeted below 20% for the first time in 2006. It registered a market share of 19.9%. However, it retains its position as the second largest domestic carrier. It isn’t easy going for the largest private sector carrier Jet Airways either. For the first time in over five years, the market share of the largest private carrier Jet Airways had dipped below 30% to stand at 28.4% in September, and registered a minor loss of 0.1% to stand at 28.3% in October. Jet has been continuously losing market share this year.
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