Market share Domestic flight in India
India is developing country. In india domestic flight increase every year. Indigo is the market leader in domestic flights.
Main domestic flight player in India
01 Indigo
02 Air India
03 Vistara
04 Air Asia
05 Akasa Air
06 Spice jet
Air India , Vistara and Air Asia are Tata group companies
01 indigo –
Indigo is the market leader of domestic flight in India. It has 63.4% market share of domestic flights in India. It is large cap company with market cap Rs 93,0520 crore and CMP (current market price) is Rs 2471. Promoter holding in Indigo is 63.24%.
02 Air India – it is the second position in market share of domestic flights in India. In Recent Tata group acquired air India from indian government. It has 9.8% market share of domestic flights in India.It is not listed in NSE and BSE
03 Vistara – it is the 3rd Position in market share of domestic flights in India. Vistara ia also Tata group company. It has 9.4% market share of domestic flights in India. It is also not listed in equity market.
04 Air Asia – it is the 4th position in market share of domestic flights in India. Air Asia is Tata group company. It has 7.1% market share of domestic flights in India. Air India, Vistara and Air Asia had a combined market share more than 26% but less than indigo.
05 Akasa Air – it is the 5th position in market share of domestic flights in India. Akasa Air is new company. The founder of Akasa Air is late. Rakesh jhunjhunwala now her wife Rekha run the company. Akasa Air has 4.5% market share of domestic flights in India. Akasa Air not listed in equity market.
06 Spice jet – it is the 6th position in market share of domestic flights in India. Spice jet has 4.3% market share of domestic flights in India. It is small cap company with market cap of Rs 1907 crore and CMP (current market price) is Rs 37. Promoter holding of spice jet is 56.53%.
India is developing countries and income of indian people increase with time. India aviation sector also grow as india grow.
!!!!!