India’s domestic air passenger traffic grew about 3 percent during May

India’s domestic air passenger traffic grew about3% year-on-year during May. It reversed a4.5% fallthe sector witnessed in April as a result of the grounding of cash-strappedJet Airways Ltd.,India that led to severe capacity crunch in the sector.
According to data fromDirectorate General of Civil Aviation (DGCA)said that the domestic carriers carried a total of1.22 crorepassengers in May compared with 1.19 crore passengers carried by various airlines during the corresponding period a year ago.

IndiGo airline:
During May,InterGlobe Aviation Ltd-promoted IndiGo airlineclocked in a49% market share. It carried59.80 lakh domestic passengers. In April, the airline had49.9% market share,its highest ever since inception as a schedule carrier in 2006, as it flew a record54.81 lakhpassengers during the month.

Spice Jet and Air India:
During May,SpiceJetdisplaced Air India as thesecond largest domestic carrier.SpiceJet, which carried18.03 lakh passengers,accounted for 14.8% of domestic market share, whileAir Indiacarried16.53 lakh passengers, with a13.5%of domestic market share.

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