Days after turning six, low-cost carrier (LCC) IndiGo has upstaged the 1993-founded Jet Group to become the market leader of domestic skies. In July, the LCC carried 19,000 more domestic passengers than Jet-JetKonnect’s combined load of 12.07 lakh and pushed the latter to the number two spot for the first time. While IndiGo had been ahead of Jet Airways on a standalone basis in domestic carriage for months, it is the first time that it has overtaken the group as a whole.
Kingfisher was the first to drop from the number one spot, followed most recently by Jet Group, paving the way for young carrier IndiGo to claim the title, even if it is still a fight to remain profitable.
Oyo Founder Describes U.S. Owner Concerns as ‘Teething Issues’
Skift Global Forum 2019 Recap: Why Travel Brands Should Tap Into This New Personalization Technique
MakeMyTrip and Oyo Downplay India Regulatory Probe
Ctrip’s Bigger Hand in MakeMyTrip May Speed It Toward Break-Even
EbixCash Takes Over Cox & Kings’ Business Travel Clients in India