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Tuesday, November 27, 2012

Air India's Domestic Passenger Market Share Increases to 20.8% in October 2012

The domestic passenger data for the last six months shows consistent increase in the market share of Air India. It has risen from 16.2% in May 2012 to 20.8% in October 2012. For the months of June, July, August and September 2012 the market share of Air India was 16.8%, 18.2%, 18.2% and 19.3% respectively.

As compared to October 2011 also, the market share of Air India has shown considerable improvement rising from 16.6% to 20.8%. Further, during October 2012 the airline carried 9.49 lakh passengers as compared to 8.98 lakh passengers carried in October 2011. The passenger load factor of Air India has also improved reaching 74.7% in October 2012 from 64.7% in July 2012.

The on-time performance of the airline has also improved during the last three months ranging between 84% and 87%.

Union Minister of Civil Aviation Shri Ajit Singh has asked Air India to further improve its passenger load factor and on-time performance while aggressively implementing its various customer friendly initiatives. Air India had recently taken several customer-friendly measures including launch of customer friendly fare schemes, ensuring maintenance of aircraft schedules coupled with improved utilization of its aircrafts. It is also noteworthy that free allowance for excess baggage in Air India has also been stopped at the initiative of the Minister.

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