Budget carrier IndiGo regained its lost market share in July, as SpiceJet, Air India, and Air India Express reported a reduction during the month, according to data by aviation regulator Directorate General of Civil Aviation (DGCA).
Low-cost carrier Akasa Air also reported a dip in its market share.
Soon-to-be-merged full-service airline Vistara also saw its market share increase for the second consecutive month. This indicates a robust competition between airlines in India, even as IndiGo enjoys a dominating position.
Airlines are trying to expand their networks and offerings to the growing passenger base in India. While IndiGo has announced business class configuration and a loyalty program, Vistara has introduced free Wi-Fi on select flights. Air India is also upgrading its fleet.
India’s domestic passenger traffic during July increased over 7% compared to the same month last year, as nearly 13 million passengers traveled by air during the month.
However, in 2024, July continued a downward trend of passengers, which declined from 13.8 million in May to 13.2 million in June.
