New Delhi: India’s domestic air passenger traffic has almost doubled in the past six years led by strong economic growth and emergence of low-fare airlines, according to data compiled by aviation regulator Directorate General of Civil Aviation (DGCA). Indian airlines flew 99.88 million passengers in 2016 compared with 51 million in 2010, the data shows. ALSO READ | India beats China in November air traffic growthAnother key trend over these years was the domination of budget airlines who have wrested market share from full service airlines such as Air India and Jet Airways. Low-fare airline IndiGo controls nearly 40% of the domestic market share, more than the combined share of Air India and Jet Airways. In the past decade, there used to be a difference of 8-12% in the ticket prices of budget and full service airlines, said Vardhan.

Source: Mint January 17, 2017 16:58 UTC