The Indian civil aviation sector continues to fly high, as is evident from yet another month of growth in passenger volumes in June. Domestic air carriers such as IndiGo, Air India, SpiceJet, Jet Airways and Go Air flew 79.75 lakh passengers in June this year, a growth of 20 percent over 66.01 lakh who flew in June 2015.
However, on a sequential basis, the number of passenger flown decreased from 86.69 lakh in May.
The spurt in domestic air traffic comes even as the civil aviation sector is buzzing with relaxed foreign investment norms and a slew of passenger-friendly initiatives taken by the government.
IndiGo retained its position as the top carrier in terms of market share, which stood at 37.9 percent, slightly lower from 38.5 percent in May. In absolute terms, the carrier flew 30.23 lakh passengers, lower than 33.37 in May.
Jet Airways, SpiceJet and Go Air saw their market share rise marginally in June when compared to the previous month.
Jet Airways witnessed an increase to 16.3 percent, while SpiceJet improved its market share to 12.7 percent. Go Air's share went up to 8.3 percent. State-run carrier Air India saw its share go down to 15.5 percent from 15.6 percent in May.
26/07/16 SV Krishnamachari/IB Times
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However, on a sequential basis, the number of passenger flown decreased from 86.69 lakh in May.
The spurt in domestic air traffic comes even as the civil aviation sector is buzzing with relaxed foreign investment norms and a slew of passenger-friendly initiatives taken by the government.
IndiGo retained its position as the top carrier in terms of market share, which stood at 37.9 percent, slightly lower from 38.5 percent in May. In absolute terms, the carrier flew 30.23 lakh passengers, lower than 33.37 in May.
Jet Airways, SpiceJet and Go Air saw their market share rise marginally in June when compared to the previous month.
Jet Airways witnessed an increase to 16.3 percent, while SpiceJet improved its market share to 12.7 percent. Go Air's share went up to 8.3 percent. State-run carrier Air India saw its share go down to 15.5 percent from 15.6 percent in May.
26/07/16 SV Krishnamachari/IB Times
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