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BUSINESS EYE                                                             JUNE 23, 2023  |    The Indian Eye 28


                        Turbulence and take-offs:





         India’s air traffic goes up even as




                       a major airline stops to fly





         IndiGo gained the maximum domestic market share last month after Go First stopped flying from May 2, 2023



        OUR BUREAU
        Mumbai/New Delhi
            ndia’s  domestic  air  passenger
            traffic grew 15 per cent year-on-
        Iyear to 132.67 lakh passengers in
        May 2023, according to DGCA data.
        The country’s domestic air passenger
        traffic was 114.67 lakh passengers in
        the year-ago period.
            Low-cost  carrier  IndiGo  in-
        creased its market share to 61.4 per
        cent  from  57.5  per  cent  during  the
        previous  month,  carrying  a  total  of
        81.10  lakh  passengers,  as  per  the
        DGCA  data  released  on  Thursday.
        Last month also saw the grounding
        of city-based carrier Go First.
            Go  First,  which  is  currently  un-
        dergoing  insolvency  proceedings  at
        the National Company Law Tribunal
        (NCLT), has not flown since May 3.
            All  three  Tata  Group  airlines  --
        Air India, AirAsia India and Vistara         SpiceJet, which is facing its own troubles including insolvency pleas by unpaid parties and requests from lessors
        (which is 49 per cent owned by Singa-
        pore Airlines) -- also witnessed their                         to take back planes, did not gain from Go collapse (File photo)
        market share growing sequentially in
        May 2023, cornering 9.4 per cent, 7.9   On the other hand, it has been   domestic market share rise by 3.9%   saw an increase of 0.8% from 4% to
        per cent and 9 per cent of the total   reported  that  IndiGo  gained  the   from 57.5% in April to 61.4% May,  4.8%, according to DGAC data.
        traffic pie, respectively.        maximum  domestic  market  share   thereby crossing the 60% mark pos-   SpiceJet, which is facing its own
            The  total  number  of  passen-  last month after Go First stopped fly-  sibly for the first time.  troubles  including  insolvency  pleas
        gers flown by Air India and Vistara   ing from May 2, 2023.             The three Tata Group airlines —  by unpaid parties and requests from
        during  the  month  under  review     The  Wadia  Group  airline  had   Air  India  plus  Vistara  plus  AirAsia   lessors to take back planes, did not
        stood  at  12.44  lakh  and  11.95  lakh,  6.4%  market  share  in  April  which   India — saw this increase 1.4% from   gain from Go collapse. The budget
        respectively.  AirAsia  India  carried   was subsequently lapped up by other   24.9%  to  26.3%  in  the  same  peri-  carrier, in fact, saw its domestic mar-
        10.41  lakh  passengers  in  May  2023,  big airlines. Big blue IndiGo saw its   od. And the youngest airline, Akasa,  ket share fall from 5.8% in April to
        the data showed.                                                                                      5.4% this May.
            The  combined  total  of  these            Gainers and losers                                         DGCA  data  shows  1.3  crore
        three  airlines  was  34.8  lakh  passen-  How other airlines, except SpiceJet, gained from GoFirst collapse  people  flew  within  the  country  this
        gers,  26.3  per  cent  of  the  total  do-                                                           May, 15% more than 1.1 crore same
        mestic  air  passenger  traffic  in  May   Airline   Market share    Market share    Change           month  last  year  despite  the  Wadia

                                                                            in May 2023
                                                           in April 2023
        2023. The market share of Akasa Air,                                                                  Group  airline  collapsing.  The  shut-
        which launched its air services in Au-  Go First       6.4%            0.4%         Minus 6%          down in peak summer travel month
        gust 2022, also rose to 4.8 per cent in   IndiGo      57.5%            61.4%        Plus 3.9%         saw domestic flights of all big Indian
        the  previous  month  compared  to  4   Vistara        8.7%             9%          Plus 0.3%         carriers going over 90% full with the
        per cent in April 2023.             Air India          8.6%            9.4%         Plus 0.8%         occupancy  ranging  from  SpiceJet’s
            On   punctuality   parameters,                                                                    94.8% to Air India’s 90.1%.
        Akasa Air recorded an on-time per-  SpiceJet           5.8%            5.4%         Minus 0.4%            Go  First  used  to  fly  almost
        formance of 92.6 per cent, the high-  Akasa            4%              4.8%         Plus 0.8%         30,000  domestic  passengers  daily.
        est among all the domestic carriers   Others           9%              9.6%         Plus 0.6%         Not  surprisingly,  the  regulator  saw
        from four key metro airports in May,                                                                  maximum number of passenger com-
        as per the data.                    Tata Group        24.9%            26.3%        Plus 1.4%         plaints related to refunds.


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