Indigo tops with 55.7% market share, Vistara 2nd, Air India 3rd in November
Indigo flew ahead of other airlines during November with 55.7 per cent share of the domestic aviation sector, while Vistara secured the second slot with market share of 9.3 per cent.
Indigo flew ahead of other airlines during November with 55.7 per cent share of the domestic aviation sector, while Vistara secured the second slot with market share of 9.3 per cent. As per the data for November of aviation regulator DGCA released on Monday, Indigo carried 65.01 lakh air passengers during the month while Vistara carried 10.87 lakh.
Air India was at third position with 10.63 lakh passengers and 9.1 per cent market share. Similarly, Go Air, with 8.70 lakh passengers, had a market share of 7.5 per cent during November.
As per the DGCA data, the overall cancellation rate of scheduled domestic airlines for the month has been 0.25 per cent, and the main reasons have been identified as weather, technical, or operational. The maximum of 41.7 per cent flights were cancelled due to technical reasons and 31.6 per cent due to weather-related reasons during the month.
Domestic aviation traffic continues to record growth as passengers carried by domestic airlines during January-November 2022 stood at 11.05 crore as against 7.26 crore during the corresponding period of previous year, registering annual growth of 52.19 per cent and monthly growth of 11.06 per cent.
Click Here For Latest Updates On Stock Market | Zee Business Live
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Top 7 Mutual Funds With Best SIP Returns in 3 Years: Rs 21,000 monthly SIP in No. 1 fund has jumped to Rs 14,83,549; know about others
Stocks to Buy for Long Term: 5 midcap, 1 smallcap, 6 largecap stocks analysts are positive on; note down targets for your investment portfolio
Top SBI Mutual Funds With Highest SIP Returns in 20 Years: Rs 10,000 monthly SIP investment in No. 1 fund has grown to Rs 2,54,27,522; here's how it has performed in other schemes
08:27 AM IST