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India Becomes World’s 3rd largest Domestic Airline Market: OAG Report

Published on June 25, 2024
Current Context: India is now the world's third-largest domestic airline market according to a recent report by OAG (Official Airline Guide), an aviation analytics firm. This is a significant jump from its fifth position a decade ago.
India Becomes World’s 3rd largest Domestic Airline Market: OAG Report
  • Here's a breakdown of the key points:
    • Growth Surge: India's domestic airline capacity has doubled in the last ten years, reaching 15.5 million seats in April 2024.
    • Surpassing Competition: This growth has allowed India to surpass Brazil and Indonesia, who now hold the fourth and fifth positions respectively.
    • Dominance of Low-Cost Carriers: The report highlights the dominance of low-cost carriers (LCCs) in the Indian market. LCCs make up a whopping 78.4% of domestic airline capacity, the highest share among the top five markets.
    • IndiGo's Lead: IndiGo, a major Indian LCC, has been a key driver of this growth. Their market share has nearly doubled from 32% to 62% in the last decade.

Question:

1 Which country has recently become the world's third-largest domestic airline market according to OAG (Official Airline Guide)?

  • A) Brazil
  • B) India
  • C) Indonesia
  • D) China
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