Air traffic shrinks in December after healthy growth last month; SpiceJet market share increases

After witnessing a healthy jump in November, the air passenger growth has dropped in December 2019. While the November passenger growth stood at 11.2%, the same has shrunk to 11.2% in December 2019 on-month, DGCA data showed, CNBC TV-18 reported. Further, Ajay Singh-owned SpiceJet has increased its market share from last month to 16.5% in December, up from 16.1% last month. On the other hand, IndiGo, which is the largest airline in the country by passengers carried, reported no change in its market share. IndiGo still dominates over half of the domestic aviation industry with almost every one in two passengers flown by the airline.