The financial crisis at Jet Airways, and SpiceJet’s troubles due to the grounding of Boeing 737 MAX aircraft, have benefited IndiGo Airlines the most.
IndiGo further consolidated its leadership position in the domestic market in terms of passengers carried, as its market share expanded to 47 per cent in March, against 44 per cent a month ago.
While India’s domestic passenger traffic grew a marginal 0.1 per cent to 11.6 million, IndiGo reported a 19 per cent growth in passengers to 5.4 million, according to data released by the Directorate General of Civil Aviation (DGCA).
“With the grounding of Boeing 737 MAX in the middle of March, SpiceJet saw a marginal blip in its market share. Go Air, Vistara and AirAsia India gained market share at Jet’s expense and reported a share of 10 per cent, 4 per cent and 6 per cent respectively,” said a report by analysts at Prabhudas Lilladher.
