IndiGo's market share touches 50% on Jet closure, 737 Max grounding

Breaking 50-month growth streak, domestic air passenger traffic falls by 4.5% in April

IndiGo, the country’s largest domestic airline, now commands nearly half of the market share. IndiGo market share rose three percentage points to 49.9 per cent while overall growth turned negative in April due to closure of Jet Airways.

Domestic airlines flew 10.9 million passengers last month, which is 4.5 per cent lower than April last year. Last April, domestic airlines had carried 11.5 million passengers. The decline was due to suspension of operations by Jet, which had a market share of over 13 per cent at the start of the year.

Domestic traffic growth, which was at double-digit for 50 plus months,