According to Industry experts, given the current state of affairs of the aviation industry and the demand scenario, the benefits of the price hikes could be limited to only a few sectors and routes. InterGlobe Aviation Limited-operated IndiGo leads most other domestic airlines in terms of market share. IndiGo recorded a 53.9% market share during December, according to the latest monthly data made available by civil aviation regulator Directorate General of Civil Aviation (DGCA). In comparison, its closest competitors SpiceJet Ltd recorded a 13% market share in December, while Air India Limited recorded 10.2% market share during the same period. While its rival SpiceJet Ltd reported a loss of ₹66.78 crore for the December quarter, also its fourth consecutive quarterly loss.

Source: Mint February 11, 2021 14:28 UTC