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karatecatman Guest
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Posted: Thu Apr 19, 2007 1:21 pm Post subject: IA beats Jet Airways to recapture top slot |
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Indian pips Jet to recapture top slot
Even as the airline industry is going through a consolidation, public sector carrier Indian has managed to reclaim the top slot in the domestic market.
The market share of Indian was 21.9% in March in terms of RPKM (revenue passenger km) compared to 21.7% in the case of Jet. In terms of number of passengers carried, Jet’s share was, however, higher at 22.9%.
The average seat factor in case of Indian was the highest at 71.8% compared to the industry average of 69.5%. Indian had a higher market share even though its capacity share was only 21.2% compared to Jet’s 22.8%, sources said. Citing DGCA data, they said Indian, on an average, carried 23,740 passengers per day in March 2007 compared to 18,620 during March ‘06.
This implies a growth of 27.5% in March 2007 over the corresponding previous period. The increase in market share was due to increase in capacity by 5% as well as aggressive marketing, they added. Indian is the only carrier to increase its market share during March ‘07.
Among low-cost carriers, Air Deccan continues to be the leader with 17% market share. The re-emergence of Indian comes at a time when the company is merging with sister carrier Air India.
http://economictimes.indiatimes.com/Indian_pips_Jet_to_recapture_top_slot/articleshow/1922811.cms |
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VABBy Member
Joined: 19 Dec 2006 Posts: 823 Location: DEL
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Posted: Thu Apr 19, 2007 4:36 pm Post subject: |
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So this means IC is generating more revenue per pax than Jet. Just wondering hw are they able to do that when their planes are in shambles and catering service which is so so _________________ Expeditors- You'd be surprised how far we will go for you www.expeditors.com |
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Jaysit Member
Joined: 19 Dec 2006 Posts: 4346
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Posted: Thu Apr 19, 2007 7:10 pm Post subject: |
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Does this include only domestic passengers? Or does it include international services as well. I strongly suspect its the latter. Indian news reports are notoriously dumb when it comes to the aviation industry. If it is the latter, then its no surprise with the Gulf routes given to IC on a silver platter by the GOI. |
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the_380 Member
Joined: 19 Dec 2006 Posts: 2329 Location: Mumbai, India
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Posted: Thu Apr 19, 2007 9:00 pm Post subject: |
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Jaysit wrote: | Does this include only domestic passengers? Or does it include international services as well. I strongly suspect its the latter. Indian news reports are notoriously dumb when it comes to the aviation industry. If it is the latter, then its no surprise with the Gulf routes given to IC on a silver platter by the GOI. |
Even as the airline industry is going through a consolidation, public sector carrier Indian has managed to reclaim the top slot in the domestic market _________________ http://www.myspace.com/avsatsworld
A Walt Disney and 20th Century Fox Audio Producer!!! |
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Aseem Member
Joined: 15 Dec 2006 Posts: 2841 Location: YYZ
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Posted: Thu Apr 19, 2007 9:41 pm Post subject: |
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the_380 wrote: | Jaysit wrote: | Does this include only domestic passengers? Or does it include international services as well. I strongly suspect its the latter. Indian news reports are notoriously dumb when it comes to the aviation industry. If it is the latter, then its no surprise with the Gulf routes given to IC on a silver platter by the GOI. |
Even as the airline industry is going through a consolidation, public sector carrier Indian has managed to reclaim the top slot in the domestic market |
that's the whole thing Jay is questioning...how did these mediamen come to that conclusion?? did they do their research properly?? Does IC's balance sheets or any other publicly available data give breakup of revenue for domestic and international.....not passing any judgement, just starting discussion... _________________ [url=http://openflights.org/user/aseemsjohri]
[/url] |
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Jaysit Member
Joined: 19 Dec 2006 Posts: 4346
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Posted: Thu Apr 19, 2007 10:45 pm Post subject: |
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the_380 wrote: | Jaysit wrote: | Does this include only domestic passengers? Or does it include international services as well. I strongly suspect its the latter. Indian news reports are notoriously dumb when it comes to the aviation industry. If it is the latter, then its no surprise with the Gulf routes given to IC on a silver platter by the GOI. |
Even as the airline industry is going through a consolidation, public sector carrier Indian has managed to reclaim the top slot in the domestic market |
That comment by itself means nothing.
When it comes to aviation, the Indian media gets it wrong most of the time. It could just mean that IC (viewed by many as a primarily domestic carrier) carried more passengers overall than its other domestic competitors. |
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stealthpilot Member
Joined: 19 Dec 2006 Posts: 2325 Location: BLR, DXB
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Posted: Fri Apr 20, 2007 12:31 am Post subject: |
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Hehehe don’t get too happy avijeet.
I agree, the article gives some nice info but paints a distorted view.
Indian has the highest market share in terms of RPKM and they also have the highest load factors.
In terms of % market share, Jet is still on top.
Good news for IC though! _________________ eP007 |
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the_380 Member
Joined: 19 Dec 2006 Posts: 2329 Location: Mumbai, India
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Posted: Fri Apr 20, 2007 12:46 am Post subject: |
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Why is everyone pointing towards me? I never said anything outside the article did I ?
Well i still have to congratulate them All the best IC... hope my calculations turn out to be true again... its just a matter of time _________________ http://www.myspace.com/avsatsworld
A Walt Disney and 20th Century Fox Audio Producer!!! |
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COUGAR Member
Joined: 01 Jan 2007 Posts: 986 Location: Bangalore
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Posted: Fri Apr 20, 2007 12:14 pm Post subject: |
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Jaysit wrote: | Does this include only domestic passengers? Or does it include international services as well. I strongly suspect its the latter. Indian news reports are notoriously dumb when it comes to the aviation industry. If it is the latter, then its no surprise with the Gulf routes given to IC on a silver platter by the GOI. |
So much negativity in one individual!
I wonder how anyone coul dbe so negative about everything in life. _________________ http://www.cougar-rides.com
<B>Live to Ride - Ride to Live</B>
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COUGAR Member
Joined: 01 Jan 2007 Posts: 986 Location: Bangalore
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Posted: Fri Apr 20, 2007 12:21 pm Post subject: |
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What this says is that IC is earning better yields on domestic routes than its competitors. And that 9W has earned market share at the expense of profitablity. there lies the hidden story: Airlines like 9W and KF are cutting yields to garner market share. Only IC is showing some stability with regards to yields per PKM. I know bashing state-owned carriers is fashionable, but lets give credit where its due.
And this doesnt include revenues made from other sources including ground handling and stuff like that. _________________ http://www.cougar-rides.com
<B>Live to Ride - Ride to Live</B>
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Prajay Member
Joined: 11 Feb 2007 Posts: 217 Location: Mumbai, India
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Posted: Fri Apr 20, 2007 12:36 pm Post subject: |
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Whatever may be the way IC gained the topspot, Its certainly welcome news as after all this, IC has evolved as a much much better carrier in present times like these and this will certainly be a confidence booster for the airline.
Also frankly speaking, Most Private carriers are pushing beyond their limits and I personnaly feel now that 9W and IT are so into each other that they forgot about IC which simply took a given opportunity and went ahead.
Congrats to IC!!!
Prajay |
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VABBy Member
Joined: 19 Dec 2006 Posts: 823 Location: DEL
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Posted: Fri Apr 20, 2007 2:22 pm Post subject: |
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Prajay wrote: | I personnaly feel now that 9W and IT are so into each other that they forgot about IC which simply took a given opportunity and went ahead. |
Well said IC indeed has done the wise thing by focusing on gettin higher yeilds than just garnering passenger market share. And the best part is that they have been able to do with with far less glimmick and services which its pvt counterparts offer... Indeed 3 cheers to IC _________________ Expeditors- You'd be surprised how far we will go for you www.expeditors.com |
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Nimish Member
Joined: 16 Dec 2006 Posts: 9757 Location: Bangalore, India
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Posted: Fri Apr 20, 2007 10:53 pm Post subject: |
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COUGAR wrote: |
So much negativity in one individual!
I wonder how anyone coul dbe so negative about everything in life. |
Cougar - please cut out the personal attacks on other members. |
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