Airlines flying in the face of downturn

The Indian airlines showed resilience in face of a global slowdown in the travel industry as they posted a single-digit dip of 8 per cent in traffic...

Written by ENS Economic Bureau | New Delhi | Published:March 14, 2009 12:49 am

The Indian airlines showed resilience in face of a global slowdown in the travel industry as they posted a single-digit dip of 8 per cent in traffic numbers for February as compared with the same period a year ago. The total passengers flown by domestic carriers for February has increased to 33.36 lakh from 33.26 lakh in January and around 33.23 lakh in December.

Among domestic carriers,Kingfisher Airlines and its low-cost Kingfisher Red jointly beat their private counterpart Jet Airways-JetLite by carrying the highest number of passengers in February. The Kingfisher combine carried 9.04 lakh passengers in February,compared with 8.46 lakh of Jet Airways-JetLite. Air India (domestic) carried 5.74 lakh passengers.

In January,Kingfisher combine had flown 9.19 lakh and Jet combine carried 8.37 lakh passengers. Air India had carried 5.55 lakh passengers on its domestic route network in January.

Among the low-cost carriers IndiGo topped the chart carrying 4.41 lakh passengers,closely followed by 4.13 lakh flown by SpiceJet. JetLite alone carried 2.49 lakh,while GoAir and Paramount trailed with 0.84 lakh and 0.61 lakh respectively,the figures showed. The percentage share of the carriers for February was led by Kingfisher combine recording 27.1 per cent followed by Jet Airways 17.9 per cent,Air India (domestic) 17.2 per cent,IndiGo 13.2 per cent,SpiceJet 12.4 per cent,JetLite 7.5 per cent,GoAir 2.5 per cent and Paramount 1.8 per cent.

The no-frill carriers ruled the roost in terms of seat factors with IndiGo registering the highest at 82 per cent,followed by premium-service carrier Paramount at 81.6 per cent,SpiceJet with 78.5 per cent,JetLite with 74.2 per cent,Kingfisher combine 74.3 per cent,Jet Airways 68.7 per cent,Air India (Domestic) 66.3 per cent and GoAir at 66 per cent.

Airline Market Share*

Air India (Domestic) 17.2%

Jet Airways 17.9%

Jet Lite 7.5%

Kingfisher 27.1%

Spice Jet 12.4%

Paramount 1.8%

Go Air 2.5%

IndiGo 13.2%

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