IndiGo tops aviation market share

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Published: December 6, 2014 12:18:05 PM

No-frills carrier IndiGo has captured almost one-third of the total market share in the domestic aviation...

IndiGo has captured almost one-third of the total market share in the domestic aviation market in the first 10 months of 2014. ReutersIndiGo has captured almost one-third of the total market share in the domestic aviation market in the first 10 months of 2014. Reuters

No-frills carrier IndiGo has captured almost one-third of the total market share in the domestic aviation market in the first 10 months of 2014, followed by state-run Air India and no frills SpiceJet tied at second place. New entrants into the market AirAsia India and Air Costa are yet to reach the 1% mark.

FLYING ABROAD
A proposal to relax the present policy of five years experience and 20 aircraft fleet criteria for approving domestic aircraft to operate on the international routes is under consideration of the civil aviation ministry. No final decision has yet been taken in the matter.

CONNECTIVITY

In order to provide connectivity to un-served and under-served areas of the country, a draft revised policy on regional and remote area air connectivity has been issued on August 25, for stakeholders’ comments which have since been received and are under process.
The incentives proposed to be provided, include exemption from landing and parking charges, Route Navigation & Facility Charges (RNFC), Passenger Service Fee (PSF), Fuel Throughput charges and any other charges levied by Airports Authority of India (AAI).

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