Domestic air traffic saw a growth of over 20 per cent growth between January and March 2010, with airlines carrying over 11.80mn pax, compared to less than 10mn pax in same quarter of 2009 according to data released by the Directorate General of Civil Aviation (DGCA).
Budget carriers led the growth since June 2009. The combined market share of Low Cost Carriers (LCCs) like IndiGo, SpiceJet, JetLite and Go Air is nearly 40 per cent. With Jet and Kingfisher deploying almost 70-80 per cent of their domestic fleet on budget brands like Jet Konnect and Kingfisher Red, the share of LCC is close to 70 per cent now.
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