GoAir achieves record 10.1% market share in June

Maximum growth in industry in terms of number of passengers carried going up by 29.1%

Press Trust of India Mumbai
Last Updated : Jul 20 2014 | 12:34 PM IST
Surpassing the 10% level for the first time, Wadia Group promoted GoAir achieved 10.1% market share in June, the airline said today.

The airline has achieved its highest ever market share of 10.1% in June, with maximum growth in the industry in terms of the number of passengers carried going up by 29.1%, as compared to the same period last year, GoAir said in a release here.

"The results are a consequence of deploying additional capacity in Metro to Non-Metro routes where growth has been consistently strong. We have now more than 70% of our capacity deployed on such routes with Srinagar, Pune, Goa, Nagpur and Patna being the strongest Non-Metro catchment areas," GoAir CEO Giorgio De Roni said.

The airline has recorded a positive growth in the market share for three months in a row, the airline said adding that in April it stood at 9.5%, May at 9.8% and now in June the market share is growing to 10.1%.

The numbers in June have been very promising as the airline obtained them with a capacity share of 9.1% and the highest load factor of 81.5%, it said.

The Airline had recorded the second highest load factor of 81.8% in May and latest figures reflect a steady growth, the release added.
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First Published: Jul 20 2014 | 11:30 AM IST

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