The flip side of mega Indian airline orders, in 5 charts
SummaryFrom 54% in 2014, the passenger share of the top two airline groupings in India’s domestic aviation sector now stands at 85%. From a consumer perspective, that might not be good news
The year 2023 has seen airlines from India break the world record for a commercial aircraft order not once, but twice. In February, it was the Tata Group flagship airline Air India. Last week, it was IndiGo. While the orders reflect the long-term potential of Indian aviation, they also underscore how domestic aviation has steadily veered towards a duopoly—a state where two participants exercise dominant control over a market, with the risk of competitive prices not reaching consumers.