IndiGo dethrones Jet Airways as India's No. 1 airline

Discussion in 'Economy & Infrastructure' started by Daredevil, Aug 18, 2012.

  1. Daredevil

    Daredevil On Vacation! Administrator

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    IndiGo dethrones Jet Airways as India's No. 1 airline

    Gurgaon-based low-cost airline IndiGo has dislodged Jet Airways from the top to become India's largest carrier by market share, as per the latest data released by the aviation ministry. IndiGo displaced Jet Airways, which had been market leader for a long time, from the top position.

    IndiGo had a market share of 27% in July. Jet Airways along with its subsidiary, JetLite had a market share of 26.6%. Jet Airways was followed by Air India that had a market share of 18.2% while SpiceJet had 17.8%. Go Air had a market share of 7% while Vijay Mallya-owned Kingfisher, which has been hit by repeated strikes, was the smallest carrier with a market share of 3.4%.

    "As per passenger traffic data submitted by various domestic airlines, the number of passengers carried by them were 354.5 lakh between January-July 2012 as against 348.5 lakh during the corresponding period of the previous year showing the passenger traffic growth of 1.7%," a statement issued by the ministry said.

    "The total domestic passengers carried by the scheduled domestic airlines for the month of July 2012 were 45.37 lakh. The total domestic passengers carried by the scheduled domestic airlines in the month of June 2012 were 51.08 lakh."

    In July, Air India carried 8.2 lakh passengers, Jet Airways 8.8 lakh, Jet Lite 3.3 lakh, IndiGo 12.3 lakh, SpiceJet 8.1 lakh, GoAir 3.2 lakh and Kingfisher 1.6 lakh.
     
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  3. Armand2REP

    Armand2REP CHINI EXPERT Veteran Member

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    When is Kingfisher going to close shop?
     
  4. trackwhack

    trackwhack Tihar Jail Banned

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    Bravo, they deserve it.
     
  5. parijataka

    parijataka Senior Member Senior Member

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    One thing about Indigo - always on time.
     
  6. Yusuf

    Yusuf GUARDIAN Administrator

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    My fav airline.

    But these days they have hiked prices like crazy.
     
  7. aeroblogger

    aeroblogger Regular Member

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    Pretty soon. Their recent financial results showed that their margin was less than -300%. Obviously not sustainable
     
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  8. aeroblogger

    aeroblogger Regular Member

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    IndiGo is a glowing example of how an airline can be successful if they have competent management (AI and Jet cannot brag the same, and we all know where Kingfisher is at) and effective political connections (IndiGo utilized Praful Patel marvelously - Naresh Goyal must be jealous).
     
  9. sob

    sob Moderator Moderator

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    Another master stroke from indigo is keeping Rudy as a pilot. They get an effective lobbyist in parliament.
     
  10. Aayush

    Aayush Regular Member

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    Still Jet for me.
     
  11. Daredevil

    Daredevil On Vacation! Administrator

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    Its because of less competition. KF going under definitely led to increase in fares.
     
  12. sob

    sob Moderator Moderator

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    With KFA tanking the other airlines have made hay. The average prices of air tickets have zoomed up by almost 20% and most of the flights are going almost full. This has resulted in Spice Jet and Jet airways showing very good results in the last quarter. They have not only covered up their significant losses but they have also posted decent profit numbers.

    Surprise profits show worst over for stronger Indian airlines, IBN Live News

     
  13. Daredevil

    Daredevil On Vacation! Administrator

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    Time is ripe for another airlines. The prices are perhaps highest in the world.
     
  14. sob

    sob Moderator Moderator

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    What is interesting that when we talk about the Indian Aviation sector nobody talks about GoAir. they are the baby of the block but last year at the Paris Air show they have placed order for almost 100 aircraft. They will be getting almost 5-6 new aircraft this year alone.
     
  15. Daredevil

    Daredevil On Vacation! Administrator

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    Perhaps Go-Air will now expand from its western and northern India routes to all over India. In my view, there should be at least 4 low fare flights for the passengers to get decent fares on their journeys. The current rates are too expensive for middle class. The best times was when Deccan was around.
     
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  16. ani82v

    ani82v Senior Member Senior Member

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    Ah Deccan, what a pleasant time it was! My roomie got the return ticket for 113/- for Mumbai Chennai and went just for the heck of it, though he had nothing to do with Chennai. :lol:
     
  17. sob

    sob Moderator Moderator

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    DD, both Jet and Indigo are expanding their fleet rapidly. Indigo against the original order for 100 A 320s has taken delivery of 55 aircraft and has to take delivery of balance by 2015. already for this year they have asked Airbus to deliver 15 planes instead of 6-7 as was initially planned.

    Also Jet will be taking delivery of around 5 737-800s this year. So overall these 3 airlines might fill in the gap of KFA by the year end.
     
  18. sob

    sob Moderator Moderator

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    is this your blog AeroBlogger — Indian Commerical Aviation Blog
     
  19. aeroblogger

    aeroblogger Regular Member

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    Yep.

    lol. Average carrier fares (base fare + fuel surcharge) in India are some of the lowest in the world. Even with the recent increases in fares, our airlines still have incredibly low yields.

    Taxes, on the other hand, are very high. Every return domestic ticket has almost Rs 2,500 in government taxes and fees, making air travel too expensive for the middle class.
     
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  20. sob

    sob Moderator Moderator

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    5 reasons why IndiGo is market leader today | Firstpost

     
  21. sob

    sob Moderator Moderator

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    IndiGo is making money hand over fist; Jet struggles | Firstpost

     

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