IndiGo, SpiceJet and Vistara register increase in market share in April

indigo-spicejet-and-vistaraIndiGo, SpiceJet and Vistara registered an increase in market share during the month of April over March even

as Jet Airways (Jet Airways and JetLite) and Air India lost market share during the month.

The change in market share happened during the month, when total number of passengers flying grew by 23.33 per cent over the same month last year.

The highest growth in market share was registered by Vistara, which grew its market share from 0.5 per cent in March to 1.1 per cent during the month. IndiGo, India’s largest carrier in terms of passengers carries, further widened its lead over its competitors by carrying 37.8 per cent of the total passengers during April compared to 36.4 per cent during March.

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Air India, Jet Airways, SpiceJet, IndiGo unable to utilise their bilateral quota

Air-IndiaNEW DELHI: Domestic carriers Air India, Jet AirwaysBSE 1.69 %, SpiceJetBSE 0.88 % and IndiGo offer 44% fewer seats than their foreign peers on overseas routes, with the result that Indian travellers have more options from international airlines for flying out of the country.

Data on foreign bilateral utilisation compiled by the civil aviation ministry shows that the foreign carriers offer 432,456 seats a week for Indian passengers, compared to 242,365 seats offered by Indian carriers.

As per the data, the Indian carriers are utilising only about 57% of the 421,524 weekly seats allocated to them on international routes. The data also shows that Indian carriers are not using bilateral entitlements with about 70 out of 109 countries that the country has bilateral air services agreements with. As per the bilateral air services agreements, Indian carriers can offer as many as 900,000 seats per week.

Read More: http://goo.gl/jY8xm1