SpiceJet tops in passenger load, IndiGo leads in market share: DGCA

Domestic air traffic made a minor recovery in July, growing to 21.07 lakh passengers, a 6.1% increase from June, when 19.84 lakh fliers took to the air. Year-on-year, however, the traffic declined 82.3% in July.  In July 2019, 1.19 crore passengers had travelled by air.

But here also there is a silver lining. The drop is lower than what was seen in June when the decline was 83.5%, year-on-year, Moneycontrol has reported.

The data was released by industry regulator DGCA, on August 13. For the year till July, the industry had a total of 3.72 crore passengers, a drop of 54.84%, from the same seven months a year ago.

In terms of passenger load, SpiceJet continued to do better than its peers with an occupancy rate of 70% in July. IndiGo had a load of 60.2%, GoAir had 50.5% and AirAsia India 53.1%. SpiceJet was the only domestic carrier to improve upon its passenger load in July, from a month earlier, the Moneycontrol report said.

IndiGo’s market share though has jumped the most, in the second quarter of the calendar year. The country’s largest airline increased its market share to 52.5% in the three months, ending June 30, up from 48.1% in March. In July, its market share stood at a high of 60.4%.

The increase mostly came at the cost of GoAir. The market share of the Wadia family-owned airline dropped to 3.9%, from 9.9%. SpiceJet’s market share grew marginally to 16.9% from 16%, the Moneycontrol report said. Market shares of AirAsia India and Vistara also fell.