According to information released by the Directorate General of Civil Aviation (DGCA) on Tuesday, India’s airlines carried 1.14 crore passengers , an increase of 10% from the previous month.
The data indicated that domestic aviation traffic increased by roughly 27% to 114.07 lakh in October from 89.85 lakh a year earlier. It exceeded the 103.55 lakh figure from September.
Following the coronavirus pandemic’s devastation of the industry, airlines have recently reported an increase in the number of passengers flown by aircraft. At the same time, the industry is suffering from high crude prices.
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The market share of IndiGo, the biggest airline in India, dropped from 58 percent to 56.7 percent in October. The market share of Vistara, which is owned by Tata, also decreased from 9.6 percent in September to 9.2 percent in October.
Akasa Air, which launched operations in August, increased its market share from 0.9 percent in September to 1.4 percent last month. The airline has been gradually introducing more routes.
9.1 percent of the market was occupied by Air India.
SpiceJet and Go First each had a market share of 7% and 7%, respectively.
In October, AirAsia India’s market share increased to 7.6%, while Alliance Air’s only slightly increased to 1.3% during the same period.
In comparison to the same period last year, domestic airlines carried 988.31 lakh passengers, up from 620.96 lakh.
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This represents a 59.16 percent annual growth and a 26.95 percent monthly growth, according to the DGCA.
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