In September, Akasa continued to trail SpiceJet in domestic market share

13 Oct 2023 , 02:46 PM

Despite being forced to delay flights and even cease some sectors due to a crippling pilot exodus, Akasa’s domestic market share behind SpiceJet in September for the second consecutive month. Rakesh Jhunjhunwala had funded Akasa, which had begun flying in August.

It had surpassed SpiceJet in June to be only behind market leader IndiGo and the Tata group airlines: Air India, Vistara, and AirAsia India.

However, it could only hold onto this position for two months when the flight of pilots forced its domestic market below SpiceJet starting in August. After the airline’s pilots quit, Akasa sued them and asked a judge to give the DGCA instructions so that the regulator could take action against the pilots.

Over 1.2 crore domestic flights took place in September, an 18% increase over the a crore that took place in the same month last year, according to DGCA statistics released on Thursday. There were 11.3 crore domestic passengers between January and September of 2023, increasing 29% from 8.7 crore over the same time last year.

Last month, IndiGo had 63.4% of the domestic market, followed by Vistara (10%), AI (9.8%), AirAsia India (6.7%), SpiceJet (4.4%), Akasa (4.2%), and minor airlines (the rest). The aggregate domestic market share of the airlines in the Tata group was 26.5%.

For feedback and suggestions, write to us at [e-mail]