Air India’s market share plunged to an all-time low of 11.8% in September, reports Arun Nayal in New Delhi.
Interglobe Aviation, which flies under the brand name IndiGo, captured 43.2% of the domestic pie while Jet Airways reported a share of 15.8%. Air India’s domestic market share had dropped to below that of Spicejet in September 2017, or exactly a year ago; at the time its share was 13.5% passengers compared with Spicejet’s 13.8%
In January 2014, the carrier commanded a share of 19.8%. Although the domestic passenger market is growing at robust pace, the near-bankrupt Air India has slipped to the number four position behind low-cost carrier Spicejet.