Akasa Air, India’s youngest airline, was the only carrier that added meaningful capacity in the local market in recent months, emerging as a growing threat to the IndiGo-Air India duopoly amid disruptions caused by the Iran war.
The total number of flights operated by the country’s four major airline companies dropped nearly 6% across March and April from the same period a year earlier, according to data from Cirium, an aviation analytics firm. IndiGo, the country’s largest airline, had 4.5% fewer flights, while Air India Ltd.’s full-service airline reduced services by 7.5% and its low-cost unit Air India Express did so by 17.1%.
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