IndiGo cedes space, loses passengers in October; see who ate into the pie of India’s largest airline

Budget carrier and domestic aviation market leader IndiGo flew fewer passengers in October 2019 while SpiceJet’s monthly passengers flown numbers increased. IndiGo’s market share was down to 47.4% from last month’s 48.2%. On the other hand, SpiceJet’s share rose to 16.3% from September’s 14.7%, according to latest DGCA data. Other major carriers including state-run Air India and Go Airlines also reported a decline in their passenger growth. However, IndiGo is still the market leader with almost every one in two passengers flown by the Rahul Bhatia and Rakesh Gangwal-founded airline. SpiceJet trails with over 16% share.

While Indian aviation industry suffered a major setback with the grounding of Boeing 737 MAX earlier this year followed by the shut down of Naresh Goyal-founded Jet Airways in April, the industry has still reported an over 3% passenger growth rise during September 2018 to October 2019, according to the Directorate General of Civil Aviation. While 11.46