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When compared to the same month last year, domestic aviation traffic in India nearly doubled in January. According to data issued by the Directorate General of Civil Aviation (DGCA) on February 20, the number of passengers transported increased to 125.42 lakh.
Domestic aviation traffic, on the other hand, declined by 1.5 percent in January compared to December 2022, when it stood at 127.35 lakh passengers.
Air traffic remained lower than it had been before COVID. Domestic airlines carried 127.83 lakh passengers in January 2020.
The Aviation Pie
IndiGo’s market share fell by 30 basis points in January after falling by approximately 80 basis points each month from October to December. The airline currently has a 54.6 percent market share, with the low-cost carrier flying 68.47 lakh passengers in January.
A basis point is equal to one-tenth of a percentage point.
Air India remained the second-largest domestic carrier in January, with a 9.2 percent market share and 11.55 lakh passengers carried.
Vistara’s market share declined 40 basis points to 8.8 percent in January, with the airline flying 11.05 lakh passengers. The airline recovered its dropping market share trend in November, but it fell again in December and January after falling in September and October.
In January, Go First, previously GoAir, increased its market share by 90 basis points to 8.4 percent. In January, the airline surpassed AirAsia India and SpiceJet to claim the fourth slot in terms of market share, transporting 10.53 lakh passengers.
AirAsia India, which is also owned by Tata, has dropped to fifth place in terms of market share. In January, its market share fell 20 basis points to 7.4 percent as the carrier carried 9.30 lakh passengers.
SpiceJet has dropped to sixth place in terms of market share, accounting for 7.3 percent of the domestic market, a 30 basis point decrease since December. The airline carried 9.14 lakh passengers in January.
In January, SpiceJet, IndiGo, Vistara, GoFirst, Air India, and AirAsia India had passenger load factors of 91 percent, 82 percent, 89.4 percent, 90.9 percent, 87.5 percent, and 87 percent, respectively.
Akasa Air, India’s newest airline, had its passenger load factor dip from 83.8 percent in December to 82.8 percent in January, its sixth month of operation.
The airline transported 3.57 lakh passengers in January, accounting for a 2.8 percent market share.
According to records, 418 passenger complaints were received in January. The number of complaints per 10,000 passengers transported was around 0.33.
IndiGo achieved the greatest on-time performance of 84.6 percent in January, for the third month in a row, at four metro airports—Delhi, Bangalore, Hyderabad, and Mumbai.
Akasa Air and Vistara were second and third, respectively, followed by Air India.