Low-priced air tickets have led to more people flying

Low-priced air tickets offered by various Indian airlines seem to have had an effect, with the number of passengers flown by them in August growing by over 8.3% compared to July this year, official data showed today.

 

The latest figures showed the number of domestic passengers carried by the airlines grew from 52.60 lakh in July to 56.97 lakh in August.

 

On a year-on-year basis, the passenger traffic between January and August rose from 411.40 lakh in 2013 to 433.25 lakh in the same period this year, a rise of 5.31%.

 

However, the seat factor or the percentage of average seats filled by the airlines remained within the 70-80% range for most airlines, barring no-frills carrier SpiceJet that has initiated the fare war and its competitor GoAir, the data showed.

 

IndiGo continued to dominate the market with 32.6% share, followed by Jet Airways-JetLite combine at 20.1%.

 

SpiceJet cornered 19.5% of the market-share, Air India 16.2%, GoAir 10, Air Costa 1.1 and new airline AirAsia India 0.6.