IndiGo, the country’s largest domestic airline, now commands nearly half of the market share. IndiGo market share rose three percentage points to 49.9 per cent while overall growth turned negative in April due to closure of Jet Airways.
Domestic airlines flew 10.9 million passengers last month, which is 4.5 per cent lower than April last year. Last April, domestic airlines had carried 11.5 million passengers. The decline was due to suspension of operations by Jet, which had a market share of over 13 per cent at the start of the year.
Domestic traffic growth, which was at double-digit for 50 plus months, has started slowing.
In January, growth slowed down to single digit and turned flat in March amid increase in fares and decline in capacity.
