The domestic Indian market has shrunk by 4.4% year on year as per the figures released by DGCA for May 2009. According to ACI, the passenger demand worldwide has fallen sharply in May 2009, with the world airports reporting an 8% decrease y-o-y. This sudden fall has largely been attributed to the impact of H1N1 virus which has slowed down to some extent the international traffic.
The figure shows the May 2009 market share of Indian carriers in the domestic market, with IndiGo and Go Airlines gaining strength at the behest of larger airlines. Kingfisher, with 26% market share retains its spot as the largest domestic carrier.
During the first quarter of the year, the passenger traffic has contracted by more than 12%, which has gained some semblance now. In the same period, Indigo, Go and Paramount were the ones that have gained their domestic market share.
