India's aviation market incredibly price competitive: IndiGo CEO
Around 65% of the world population lives within 5-6 hours of flying time from India, says IndiGo CEO Pieter Elbers
Around 65% of the world population lives within 5-6 hours of flying time from India, says IndiGo CEO Pieter Elbers
Private airline IndiGo commands the largest market share at 55.2%; followed by Air India at 8.9%; and Vistara at 8.7%
Critical questions stare India's largest private airline as it gears up to face its first dose of real competition.
On an MoM basis, total 114.07 lakh passengers were carried by domestic airlines compared to 89.85 lakh in the same month last year, shows DGCA data.
Elbers succeeds Ronojoy Dutta (71), who has decided to retire on 30 September 2022 after steering IndiGo through the turbulent Covid period.
Signalling a slight recovery, domestic airlines carried 1.06 crore passengers in March, versus 78.22 lakh in February, recording a 36.7% growth on a month-on-month basis.