Domestic market leaders IndiGo, which had 39.8% of the domestic market share during February, can be the runaway leader by acquiring Air India which had a 13.8% share of the domestic market in February. The Naresh Goyal-led Jet Airways, which currently has about 16.8% of the domestic market share could close down IndiGo’s lead in the domestic segment by acquiring Air India. “All this has to be balanced against past liabilities, personnel issues, operational freedom and other legacy challenges associated with Air India,” Dubey added. Air India currently has 115 aircraft in its fleet including 46 wide bodied and 69 narrow bodied offerings from Boeing and Airbus. “The privatisation of Air India will ensure that the industry will run in a rational way.
Source: Mint March 29, 2018 01:41 UTC