GoAir Achieves Record 10.1 Per cent Market Share in June - The New Indian Express

GoAir Achieves Record 10.1 Per cent Market Share in June

Published: 20th July 2014 12:35 PM

Last Updated: 20th July 2014 12:36 PM

MUMBAI: Surpassing the 10 per cent level for the first time, Wadia Group promoted GoAir achieved 10.1 per cent market share in June, the airline said Sunday.

The airline has achieved its highest ever market share of 10.1 per cent in June, with maximum growth in the industry in terms of the number of passengers carried going up by 29.1 per cent, as compared to the same period last year, GoAir said in a release here.

"The results are a consequence of deploying additional capacity in Metro to Non-Metro routes where growth has been consistently strong. We have now more than 70 per cent of our capacity deployed on such routes with Srinagar, Pune, Goa, Nagpur and Patna being the strongest Non-Metro catchment areas," GoAir CEO Giorgio De Roni said.

The airline has recorded a positive growth in the market share for three months in a row, the airline said adding that in April it stood at 9.5 per cent, May at 9.8 per cent and now in June the market share is growing to 10.1 per cent.

The numbers in June have been very promising as the airline obtained them with a capacity share of 9.1 per cent and the highest load factor of 81.5 per cent, it said.

The Airline had recorded the second highest load factor of 81.8 per cent in May and latest figures reflect a steady growth, the release added.

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