India’s youngest domestic carrier Indigo Airlines has climbed to the third spot in capacity utilisation with a seat factor of 73.5% in October, the third month of its operation. SpiceJet continues to be at the top with a load factor of 77.3%, followed by Air Deccan at 76%.
According to the directorate general of civil aviation’s market share figures, October proved to be particularly beneficial to low cost carriers as the market share of SpiceJet, Go Air and Indigo increased from 6.8%, 2.5% and 1.9% in September this year to 7.1%, 3.4% and 3.5%, respectively, in October.
However, despite offering a large number of tickets at nominal prices of Rs 3 and Rs 6, India’s first low-cost carrier Air Deccan’s market share has actually been on the downslide. After touching a high of 21.2% in June, the airline’s share registered an average of 19.3% in the second quarter of the current financial year, further dropping to 18.1% in October.