![]() ![]() While it might be good news for IndiGo and the Tata airlines, a duopoly is certainly a cause of concern for consumers already contending with high airfares. However, with aircraft deliveries usually spread over multiple years, it could take a while for Akasa Air to stand up to the two already large and still growing airline groups. ![]() Akasa Air currently has 57 aircraft on order, although the young airline has said that it will be placing a “triple-digit” aircraft order later this year. With this, IndiGo has close to 1,000 aircraft on order from Airbus, while the Air India group has ordered 470 Airbus and Boeing aircraft, with an option to scale up the order by another 370 planes. With an eye on future growth, both airline groups have lined up massive fleet expansion and modernisation plans, with the latest announcement coming last week from the Paris Air Show where IndiGo ordered 500 Airbus jets – the biggest-ever aircraft order in the history of commercial aviation. Go First, which had a market share of 6.4 per cent in April, has not taken to the skies since May 3 – after the Wadia group airline voluntarily filed for insolvency.īetween them, IndiGo and Tata group airlines now control a staggering 87.7 per cent of India’s domestic civil aviation market – the third-largest globally and growing rapidly. SpiceJet’s market share, however, contracted to 5.4 per cent in May from April’s 5.8 per cent. Akasa Air, too, registered a 0.8 percentage point growth in market share to 4.8 per cent. The three Tata group carriers saw a cumulative market share rise of 1.4 percentage points over April to 26.3 per cent in May. *Go First operated flights on just two days in May. Latest monthly domestic air traffic data released by the Directorate General of Civil Aviation (DGCA) showed that IndiGo has emerged as the biggest beneficiary of the suspension of Go First’s operations, with the former’s domestic market share with respect to passengers carried jumping to 61.4 per cent in May from 57.5 per cent in April. SpiceJet, which is grappling with fleet-related and financial troubles of its own, and the fledgling Akasa Air do not appear to be in a position currently to mount a formidable challenge. With Go First grounded and hopes of Jet Airways’s revival all but extinguished, India’s domestic aviation market structure, for all practical purposes, has seemingly turned into a duopoly of market leader IndiGo and Tata group airlines – Air India, Vistara, and AIX Connect (Air Asia India) – for the foreseeable future. ![]()
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