With international air travel to and from India on a path of swift recovery, Indian carriers are cashing in, expanding their collective market share — by passengers — to a seven-year high, shows an analysis of data for the December quarter (October-December 2022), released by the Directorate General of Civil Aviation (DGCA).
The cumulative market share of Indian carriers by passengers carried on international flights was 43.5 per cent in October-December 2022 up from 39.2 per cent in the corresponding period of 2019, the last full quarter of regular operations before Covid froze the aviation industry.
Leading this expansion in market share, primarily, are IndiGo and Vistara.
