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.