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IndiGo market share descends

Last Updated 18 August 2017, 22:00 IST

Rescheduling of services due to grounding of its eight A320neo planes appears to have an effect on IndiGo’s market share with latest figures showing a fall in July, the lowest for any month this year.

According to figures of the Directorate General of Civil Aviation (DGCA), IndiGo is still the market leader, but it could grab only 38.7% of the market share, flying 36.99 lakh people. This is the lowest percentage for IndiGo for any month, this year.

IndiGo, along with GoAir, AirAsia India and Zoom Air, also could not increase the number of fliers last month, compared with June, while eight other domestic carriers managed to do so.

While in January, it managed 39.8% of the market, it fell to 39.5% the next month. But it rose to 39.9% in March, and 41.4% in April. It again fell to 41.2% in May, and 40% in June.

The problem given by Pratt&Whitney engines for IndiGo’s A320neo planes has resulted in a tough time for the airline, which boasts about punctuality and market share.

The analysis also showed that the airline witnessed the highest cancellation in June, when it recorded 3.34%, when the overall rate was 1.68%. That was the only month that its rate surpassed that of the national rate. The airline had said in its statement that it had planned for the eventuality in June itself, and rescheduled services for July, August and September. This planning helped overcome the problems in July when its cancellation rate dipped to 0.45%, against an overall rate of 0.79%.

Except for January when fog disrupted services, IndiGo’s cancellation rate fluctuated between 0.14% and 0.27% between February and May. In January, the cancellation rate was 0.98% against an overall rate of 1.10%.

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(Published 18 August 2017, 22:00 IST)

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