BUSINESS

IndiGo to gain most from Jet Airways collapse

IndiGo

 

MUMBAI:  The country’s largest carrier IndiGo is set to consolidate its position and rule the skies following the collapse of its rival Jet Airways.

“The biggest airline will gain the maximum, so IndiGo will corner the major chunk of the air traffic. It anyways has massive capacity expansion plans lined up for the coming months and years,” said an industry executive.

Dhiraj Mathur, partner, PwC, said that whoever brings more aircraft and crew will benefit the most.

IndiGo currently has a fleet of 200 aircraft and operates 1,400 daily flights connecting 53 domestic and 18 international destinations. The airline, which has 43.4 per cent market share in the domestic market, has very aggressive fleet expansion plans. Going by the current market share and the capacity deployed in the domestic market, SpiceJet would be the next biggest gainer. Other airlines would gain in sequence as per their current fleet size and market share.

“Maybe after SpiceJet, other carriers such as Air India, Go Air, Vistara, Air Asia and others would come,” said the executive quoted above.

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