India: SpiceJet Gaining, Kingfisher Losing
Low-cost airline SpiceJet has emerged as the biggest gainer in terms of the market share, while Kingfisher lost maximum in comparison to September.
Chart: Spicejet Revenue
According to the data complied by the aviation regulator, the Directorate General of Civil Aviation (DGCA), seven domestic airlines (including JetLite) carried over 8.14 lakh passenger more in October in comparison to September. However, with cancellation of flights by Kingfisher, the experts feel that growth may slow down in November and December.
The overall on-time performance (OTP) of domestic airlines recorded as 89.5 per cent. It means nearly 90 per cent flights took off within 15 minutes of the scheduled time of departure. Here again, GoAir had the best record 94.3 per cent, while Air India came at last with 79.9 per cent.