Indigo Airlines Recorded Highest Market Share in September

Indigo airlines recorded its highest market share of 40% for September and chipped other airlines shares with only exception of SpiceJet whose market share increased compared to the same period a year ago. Generally, July-September period is considered to be a weak time for the airlines and in September again there was a high passenger growth which is about 82 lakh passengers.

Credit: ibtimes
Credit: ibtimes

During this period, other airlines saw a huge decline in the market share ranging 40-300 points. The ATF (Average Aviation turbine Fuel) price dropped from Rs.50.9 a litre in July’16 to Rs.47 in September’16.

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