Domestic air traffic slips 1% in June; IndiGo widens market lead
India’s domestic airlines carried 1.35 crore passengers in June, down 1.03% year on year and 12.6% from May. IndiGo held a 66.3% market share, while Akasa Air posted the highest passenger load factor at 92.2%.
India’s domestic air traffic fell 1.03% year-on-year to 1.35 crore passengers in June as airlines calibrated capacity. IndiGo expanded its market lead to 66.3%, while Akasa posted the highest load factor at 92.2% and IndiGo led on-time performance.
Why this matters
The June share result follows signals that IndiGo’s Q1 profit may halve despite 19% revenue growth and that Air India cut capacity as IndiGo reached a record 66.3% domestic share.
Footfall is steady, with 424 related signals recorded in the past 90 days.
Also reported by
- The Hindu BusinessLine — Same time