GoAir achieves record 10.1% market share in June

Surpassing the 10 % level for the first time, Wadia Group promoted GoAir achieved 10.1 % market share in June, the airline said today.

The airline has achieved its highest ever market share of 10.1 % in June, with maximum growth in the industry in terms of the number of passengers carried going up by 29.1 %, as compared to the same period last year, GoAir said in a release here.

"The results are a consequence of deploying additional capacity in Metro to Non-Metro routes where growth has been consistently strong. We have now more than 70 % of our capacity deployed on such routes with Srinagar, Pune, Goa, Nagpur and Patna being the strongest Non-Metro catchment areas," GoAir CEO Giorgio De Roni said.

The airline has recorded a positive growth in the market share for three months in a row, the airline said adding that in April it stood at 9.5 %, May at 9.8 % and now in June the market share is growing to 10.1 %.

The numbers in June have been very promising as the airline obtained them with a capacity share of 9.1 % and the highest load factor of 81.5 %, it said.

The Airline had recorded the second highest load factor of 81.8 % in May and latest figures reflect a steady growth, the release added.

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