​​​
  1. IndiGo continues to lead growth charts in December

IndiGo continues to lead growth charts in December

Low-cost airline IndiGo maintained its leadership position in the domestic aviation sector by carrying 27.43 lakh passengers in December.

By: | Updated: January 22, 2016 9:34 AM
Interglobe aviation shares, Indigo shares, airbus, sensex Overall, the number of passengers carried by IndiGo in the January to December period, within the country increased by 20.34% y-o-y to 810.91 lakh from 673.83 lakh passengers in the corresponding period last year. (Reuters photo)

Low-cost airline IndiGo maintained its leadership position in the domestic aviation sector by carrying 27.43 lakh passengers in December. As a result, its market share during the month stood at 35.6%, the latest monthly data made available by the Director General of Civil Aviation (DGCA) showed.

Jet airways and Air India came distant second and third by flying 14.04 lakh and 12.85 lakh passengers within the country, respectively. The market share of the two carriers in December stood at 18.2% and 16.7% respectively.

The market share of another low cost carrier SpiceJet stood at 12.7% while the same for GoAir stood at 8.3%.

indigo-2

Overall, the number of passengers carried by airlines in the January to December period, within the country increased by 20.34% y-o-y to 810.91 lakh from 673.83 lakh passengers in the corresponding period last year. The increasing number of passengers in December is indicative of the trend where airlines are emerging as the preferred mode of transport.

With respect to the passenger load factor (PLF) which shows the capacity utilisation of an airline and a key parameter of measuring profitability, SpiceJet tops the chart with 92.1% occupancy. The healthy performance by the airline is result of the high discounts on tickets offered by it on all the routes it operates. The passenger load factor in the month of December 2015 has shown increasing trend compared to previous month primarily due to the onset of holiday season.

SpiceJet was followed by Indigo with 88.5% PLF while new entrant Air Costa stood third with 87.1% PLF. “We continue to deliver strong performance by winning back customer performance and by providing good onboard service. Our On-Time Performance has also shown a significant improvement over the past few months. We have the lowest flight cancellations this month and are confident that this will bring us more customers,” said Shilpa Bhatia, senior vice president and head of sales and distribution, SpiceJet.

With respect to the On Time Performance (OTP) of airlines in the domestic market computed from four airports of Delhi, Mumbai Hyderabad and Bangalore, full service airline Vistara, GoAir and Jet airways occupy the first three positions in the list with 90.6%, 79.3% and 78.5% flights operating on time, respectively.

Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Tags: Indigo

Go to Top