IndiGo captured a larger share of Indian airspace by 2023, DGCA data shows
India’s largest airline IndiGo has further increased its domestic market share from 56.1 percent in 2022 to 60.5 percent in 2023, according to data released by the Directorate General of Civil Aviation (DGCA) on Monday.
SpiceJet, which is facing multiple financial problems, saw its domestic market share fall from 8.7 percent in 2023 to 5.5 percent in 2023, according to the data. Akasa Air, which operated its first commercial flight in August 2022, recorded in 2023 a domestic market share of 4.1 percent. Overall, Indian airlines carried 153.2 million domestic passengers in 2023, compared to 123.2 million in 2022, representing an annual growth of 23.36 per year. cents.
First print: January 15, 2024 | 11:15 PM IST