29% Air Passenger Growth

Demand for air travel in India soared to a new high in July when the country's airlines flew 29.1% more passengers than the year ago period, recording the biggest monthly gain in more than five years.Last time the India aviation market reported higher passenger growth was in December 2009, when traffic increased 36% year on year.
Passenger data shows that the airlines in the domestic sector carried 6.75 million passengers in July, helped by lower fares due to low oil price and discount offerings by some airlines.
IndiGo, the country's largest airline in terms of passengers carried, registered a 2.6 percentage points fall in its market share to 35.8% in July from 38.4% in June even as rivals Air India, Jet Airways, Vistara and SpiceJet improved their market shares.
Travel industry insiders, however, did not see too much into decline in IndiGo's market share.
In July this year, IndiGo flew its planes with 78.40% seats occupied while national carrier Air India, which improved its market share to 16.2% in July from 15.3% in June, flew its planes with 77% seats full.
SpiceJet registered the highest load factor of 93.40%, primarily on the back of discount offers announced for travel during the month. Vistara, Tata-Singapore Airlines' full-service carrier, however, continued to struggle to fill it planes and only 60% of its seats were occupied in July. The second lowest was Air Pegasus which flew its planes with 71.50% of its seats full.

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