IndiGo Widens Lead in Indian Market Share - India Report
Skift Take
Budget airline IndiGo continued to hold the top position in the domestic aviation market with a 61.6% market share in May, up from 60.6% in April. Air India was a distant second at 13.7%, and Vistara followed with a 9.2% share, Directorate General of Civil Aviation data showed.
Vistara recorded the least amount of cancellations during the month at a 0.2% cancellation rate. Low-cost airline Akasa Air was the most punctual, delivering on-time performance about 86% of the time.
Indian airlines carried nearly 13.8 million passengers in May, the highest monthly passenger traffic this year. With this, the total number of passengers served by domestic airlines between January and May this year was over 66.1 million,
The airlines recorded an annual growth of about 4% in air passenger traffic for the January-May period this year.
Skift Research examined Indigo's rise to dominance in a report this month: “The Curious Case of Indigo Airlines, India’s Largest Airline.” Analyst Ashab Rizvi attributes the gains to Indigo’s execution of low-cost operations, focusing on operational efficiency, and building a robust network to meet the growing demand. But now Indigo is entering its next growth phase and Rizvi looks at i
