Air traffic grows 18.31% in October

IndiGo holds lead; Air India improves market share, emerges as second largest carrier

BS Reporter New Delhi
Last Updated : Nov 18 2014 | 2:13 AM IST
Domestic air passenger traffic posted double-digit growth in October for a third straight month.

The eight scheduled airlines together carried 5.93 million passengers in October, an increase of 18.3 per cent over the 5.01 million in the same month of last year. The number was also the second highest in absolute terms this year. In May, the eight airlines had seen air traffic rise a combined 7.9 per cent over a year before, to 6.02 million passengers.

Budget carrier IndiGo continued to maintain a strong lead in the domestic market; nearly one of every three travellers fly with it. IndiGo’s market share, however, dipped marginally to 31.9 per cent last month from 32.8 per cent in September.

Air India grew its market share by almost three basis points during the month. With  19.5 per cent in October, AI was the second largest carrier in market share in domestic skies.

Jet Airways, with low-cost arm JetLite, accounted for 20.5 per cent of the domestic air travel market, marginally lower than the 20.8 per cent the duo had in September. SpiceJet and GoAir had 17.3 (down from 18.6 in September) and 8.5 per cent (down from 9.2 per cent), respectively. Newcomers Air Costa and AirAsia India’s shares were each 1.1 per cent.

AI’s passenger load factor (PLF, a measure of seats used) was the highest in October, at 83.5 per cent. The government-owned carrier had merged several flights during the month to improve loads and use aircraft more optimally. Its PLF had been 76.7 per cent in September.

SpiceJet, which has initiated a series of flash sales this year to fill unused inventory, was second in PLF with 80.1 per cent. Regional carrier Air Costa came third with 78.1 per cent.

IndiGo’s occupancy was 76.2 per cent last month, lower than the PLF of 77.9 per cent in September. AirAsia India’s was 76.2 per cent. Jet-JetLite’s was 74.5 per cent and GoAir came last with a PLF of 72.6 per cent.

IndiGo maintained its reputation for best on-time performance – 92.8 per cent of its flights were on time from the country’s four privately operated airports. GoAir came second, with on-time performance of 87.5 per cent. SpiceJet was third, with 83.3 per cent of flights on time. Jet and JetLite managed 80.1 per cent. Least impressive on this was AI, with only 63.3 per cent of its flights.

Passengers carried by domestic airlines between January and October this year totalled 55.07 million as compared to 50.07 million in the same period last year, growth of 8.6 per cent.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 18 2014 | 12:49 AM IST

Next Story