SpiceJet's market share falls to 0.6%, slips below Star Air for first time | What went wrong
New Delhi, Oct. 29 -- Cash-strapped SpiceJet's domestic passenger market share fell to 0.6% in September, slipping below regional carrier Star Air's 0.7% for the first time ever, according to data released by the Directorate General of Civil Aviation (DGCA) on Tuesday.
SpiceJet carried just 730,000 passengers during the month, down sharply from 5.92 million in January. Also, its market share declined steadily since the beginning of the year, falling from 3.9% in January and February to 3.8% in March and 3.4% in April, the data further showed
The airline's market share dropped to 2.5% in May, 1.9% in June, 1.6% in July and 1.2% in August before reaching 0.6% in September.
Passenger numbers show a similar trend.
It carried 5.55 million ...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.