Should India be able to decouple itself from US Subprime Impact?

Saturday, September 22, 2007

Monsoon blues: Air Deccan, SpiceJet lose mkt share

NEW DELHI: Hit by monsoon blues, budget carriers, Air Deccan and SpiceJet, have suffered loss in market share during July 2007 — the latest month for which official traffic data is available. According to Directorate General of Civil Aviation (DGCA) figures, full-service carriers marginally increased their market share during the month.
Country’s largest low-cost carrier, Air Deccan, saw its market share going down to 16.1% in July this year, down by 2 percentage points as compared to the previous month. SpiceJet’s share stood at 7.7% during the month as against 7.7% in June.

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