• Indian domestic air carriers flew 7.8 million passengers in March 2016.In Picture: An IndiGo Airlines Airbust A320 aircraft and JetKonnect Boeing 737 aircraft taxi past an Air India Airbus A321 aircraft at Mumbai's Chhatrapathi Shivaji International Airport Feb. 3, 2013.Reuters file
  • Passengers sit in the cabin of an IndiGo Airlines aircraft as a flight attendant serves snacks after takeoff from Kolkata March 27, 2012.Reuters file
  • Stewardesses from Jet Airways (L) and Etihad Airways listen to a news conference by Naresh Goyal, chairman of Jet Airways and James Hogan, chief executive of Abu Dhabi's Etihad Airways, (both not seen) during a news conference in New Delhi July 23, 2014.Reuters file
  • A SpiceJet Boeing 737-800 aircraft taxis on the tarmac after landing at Chhatrapati Shivaji international airport in Mumbai Nov. 26, 2012.Reuters file
  • Guests stand inside newly constructed Terminal 2 at Chhatrapati Shivaji International Airport in Mumbai Jan. 10, 2014Reuters file
  • Air hostesses walk next to the parked Air India's Boeing 787-8 Dreamliner upon its arrival at the airport in New Delhi Sep.8, 2012.Reuters file
  • Air India aircraft stand on the tarmac at the airport in Mumbai Sep.27, 2009Reuters file
  • President of InterGlobe Aviation Limited Aditya Ghosh rings the ceremonial bell during the company's listing ceremony at the National Stock Exchange (NSE) in Mumbai, India, Nov.10, 2015.Reuters file
  • The Air India's Dreamliner Boeing 787 is given a traditional water cannon salute by the fire tenders upon its arrival at the airport in New Delhi Sep.8, 2012. Air India took delivery of its first Boeing 787 commercial wide body airplane on Thursday at Boeing Co's final assembly plant after a months-long dispute between airline and manufacturer over compensation for a four-year production delay.Reuters file

Indian aviation companies flew 78.72 lakh (7.87 million) passengers during March 2016, 25 percent more than 62.85 lakh (6.28 million) flown in March 2015 and 74.76 lakh (7.47 million) in February 2016. Indigo (owned by Interglobe Aviation) improved its market share while other carriers including Jet Airways, Air India and SpiceJet saw a fall, according to data provided by Indian civil aviation regulator, the Directorate General of Civil Aviation (DGCA) on Thursday.

IndiGo increases market share; Jet, Air India, SpiceJet lose

India's largest air carrier Indigo increased its market share to 38.4 percent in March from 36.8 percent in the previous month. Jet Airways saw its share reduce to 17.6 percent during the month from 18.4 percent in the preceding month.

Similarly, SpiceJet's market share declined to 12.8 percent from 13.1 percent in February 2016. State-owned carrier Air India also witnessed a fall in March this year to 14.7 percent from 15.4 percent in February 2016.

Smaller carriers such as AirAsia India, Vistara, Go Air and Air Costa either retained their market share or saw a marginal decline. Go Air's share rose to 8.3 percent from 8 percent in February, while AirAsia India and Vistara retained their share of 2.2 percent and 2 percent, respectively.

Passenger load factor 

SpiceJet maintained a passenger load factor of above 90 percent for the third straight month in March, though it declined during the month when compared to the earlier two months. The fall in passenger load factor was across all the aviation companies.

Three-month trend

During the first three months this year (January to March), Indian aviation companies carried flew 230.03 lakh (23 million) passengers, 24 percent more from 185.46 lakh (18.5 million) during the corresponding period last year, according to the DGCA data.

The data was released shortly before trading closed on stock exchanges. The share price of Interglobe Aviation, SpiceJet and Jet Airways dropped in the range of 1.2 to 2.3 percent on Thursday on the BSE.

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