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Inside indian aviation’s high-stakes battle

Indian carriers, particularly IndiGo, have gained more passenger share in the international traffic to and from India, thanks to a change in the country's policy on bilateral foreign flying rights. The share of Indian carriers increased to 44% in 2022-23 from 40% in 2018-19, while the share of foreign carriers decreased to 56% from 60% in the same period. IndiGo registered a significant jump in international passengers carried, filling the void left by Jet Airways, through its three-pronged international expansion strategy of expansion, code shares, and leased Boeing 777 aircraft from Turkish Airlines.

source https://www.livemint.com/news/india/indigo-and-air-india-gain-market-share-in-india-s-aviation-industry-amidst-stricter-bilateral-flying-rights-11695319143215.html

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