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GoAir attains highest ever market share of 10.1 per cent

ETW StaffMumbai

GoAir, has achieved its highest ever market share of 10.1 per cent in June 2014 with maximum growth in the industry in terms of the number of passengers carried going up by 29.1 per cent as compared to June, 2013. The airline has recorded a positive growth in the market share for three months in a row.

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 in the industry (YoY up by 5.4 per cent). The Airline had recorded the second highest load factor of 81.8 per cent in May and latest figures reflects a steady growth.

Giorgio De Roni, CEO, GoAir, said, “The results are a direct reflection of the airlines increasing total carriage capacity in metro to non-metro routes which has shown a consistent growth. We have committed our attention to this, by allotting 70 per cent of our capacity on routes such as Srinagar, Pune, Goa, Nagpur and Patna, which are the strongest non-metro catchment areas.”

The airline accomplished a profitable fiscal growth in 2013 – 14, despite a weak rupee against the USD and high cost of jet fuel in the country. It carried more than five million passengers across various sectors registering a growth of 20 per cent. The airline is set to cross 6.5 million passengers in 2014 – 15, with new routes in Kolkata, Nagpur Pune and Patna sectors and additional capacity on Srinagar, Guwahati, Bagdogra, Leh, Kochi, Jaipur and Lucknow routes.