SpiceJet's Domestic Market Share Falls to Decade Low in July

SpiceJet carried a much smaller share of India’s domestic passengers in July.

Its share dropped to 1.6%, the lowest level mentioned in more than a decade.

The airline has far fewer working airplanes than it had in earlier years.

Some planes left after temporary lease agreements ended, while others were being repaired.

SpiceJet also faces high fuel and operating costs.

The airline is trying to add planes and return aircraft from maintenance.

It added three Airbus A320 aircraft on a damp lease in July.

However, large losses and disputes with aircraft lessors make rebuilding its operations difficult.

IndiGo and the Air India Group continue to dominate India’s domestic aviation market.