India’s domestic air passenger traffic rose in August compared with last year aided by greater business travel and pent-up demand for leisure travel.
Air passenger traffic rose 51% year-on-year to 1.01 crore, which is higher than the July figures of over 97 lakh, according to monthly data released by the Directorate General of Civil Aviation.
This is despite August being considered a traditionally weaker month for the aviation industry.
The market leader IndiGo’s (InterGlobe Aviation Ltd.) market share fell to 57.7% in August compared with 58.8% in July.
At the second spot, Vistara also witnessed a fall in market share to 9.7% from 10.4% in the previous month.
The youngest airline on the block, backed by the late ace-investor Rakesh Jhunjhunwala, Akasa Air had a market share of 0.2% in the first month of operations.