According to the data released by the civil aviation ministry both Jet Airways and Kingfisher Airlines have retained their existing market dominance in the Indian airlines space for last month as well. Jet Airways and its no-frills low cost airline partner JetLite together have a market share of 26% share of the Indian aviation sector while Kingfisher Airlines stands at number two position with 20% market share in August, 2010. The third biggest market share has gone to Air India which has the share of 18% market share.
It is to be noted that the domestic traffic in Indian rose to 339.09 lakh passengers in august which is almost 19% increment over the respective period last year.
Indian airlines Industry is going to see major competitive practice by all the airlines on the back of robust demand due to economic growth as well as pending commonwealth games. Also there has been spurt in the demand for low cost airlines. Hence both Air India as well as Jet airways have decided to give a big push to the low cost no frills sector by announcing flight operations for the new sectors. Also International airline competition is getting hotter by the day with Air Asia, Emirates airline an Singapore airlines announcing greater presence in the Indian aviation sector.
Tags: Indian Airlines, Jet Airways, Kingfisher Airlines
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