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2016 ends on a high note for Indian Aviation

 
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ameya
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Joined: 09 May 2007
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Location: Pune,Maharashtra

PostPosted: Wed Jan 18, 2017 3:34 pm    Post subject: 2016 ends on a high note for Indian Aviation Reply with quote

2016 ends on a high note for Indian Aviation

Airlines in India ended a dream 2016 carrying 99.88 million passengers, falling just short of the 100 million passenger mark.

Two airlines stood out in the entire year, Spicejet which kept their load factors above 90% for the entire year and IndiGo which went from strength to strength despite the issues with A320neo. The airline which limited its expansion in terms of number of stations added umpteen flights to cross the 40% barrier of Market Share. How both these airlines perform financially would be known in few days from now when the airlines file their Q3 results with the stock exchange.
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