Six months under Tata Group, Air India stabilising

After six months in the Tata Group, which took over the carrier in late January, Air India may not be flying high. However, the airline’s operations appear to be stabilising amidst competition from well entrenched low-cost carriers.

Air India’s market share remains at below the pre-Covid levels of 12.7% in the January-March quarter of CY2019 and 13.4% during April-June period of the same calendar. In 2022, the airline’s share in the January-March quarter was 9.9% and it fell to 7.5% during the April-June period.