The market share of low-cost carriers across India was at 82 percent in the fiscal year 2020. The south Asian country was the fastest growing domestic air travel market at the same time. With more disposable income, the middle-class population made a switch from rail to air transport.
Market share of low cost carriers across India from financial year 2013 to 2020
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SpiceJet. (December 2, 2020). Market share of low cost carriers across India from financial year 2013 to 2020 [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1043630/india-low-cost-carrier-market-share/
SpiceJet. "Market share of low cost carriers across India from financial year 2013 to 2020." Chart. December 2, 2020. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1043630/india-low-cost-carrier-market-share/
SpiceJet. (2020). Market share of low cost carriers across India from financial year 2013 to 2020. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1043630/india-low-cost-carrier-market-share/
SpiceJet. "Market Share of Low Cost Carriers across India from Financial Year 2013 to 2020." Statista, Statista Inc., 2 Dec 2020, https://www.statista.com/statistics/1043630/india-low-cost-carrier-market-share/
SpiceJet, Market share of low cost carriers across India from financial year 2013 to 2020 Statista, https://www.statista.com/statistics/1043630/india-low-cost-carrier-market-share/ (last visited August 24, 2024)
Market share of low cost carriers across India from financial year 2013 to 2020 [Graph], SpiceJet, December 2, 2020. [Online]. Available: https://www.statista.com/statistics/1043630/india-low-cost-carrier-market-share/