Domestic Air Traffic Falls 6.34% in August: DGCA
India's domestic air passenger traffic declined 6.34% in August, with SpiceJet and IndiGo losing market share, per DGCA data.
Key Highlights:
- India's domestic air passenger traffic fell 6.34% year-on-year to 1.21 crore in August.
- SpiceJet's market share dropped to 1.2% from 1.6% in July, while IndiGo's share fell to 65% from 67.4%.
- Air India's market share rose to 26.7% in August from 24% in July, while Akasa Air held steady at 5.5%.
- IndiGo reported the highest on-time performance at 91%, followed by Akasa Air at 90.5%.
- Civil Aviation Minister K Ram Mohan Naidu said the DGCA is closely monitoring SpiceJet's financial and operational performance.
A Decline in Overall Passenger Traffic
India's domestic air passenger traffic decreased 6.34 per cent to 1.21 crore in August on a year-on-year basis, as SpiceJet's market share fell to 1.2 per cent from 1.6 per cent in July, data released by the Directorate General of Civil Aviation (DGCA) showed on Wednesday.
Mixed Movements Among Major Airlines
The market shares of major airlines saw mixed movements during the month. Air India's market share went up to 26.7 per cent in August from 24 per cent in July, while IndiGo's share declined to 65 per cent last month, from 67.4 per cent in July, indicating a partial shift in passenger distribution between the country's two largest carriers.
A Steady Position for Akasa Air
Akasa Air's market share remained unchanged at 5.5 per cent last month, holding its position even as the broader market saw more notable shifts among the other major carriers.
.jpg)
