India air passenger traffic rises nearly 19 pc in June

Indian airlines carried 1.24 crore domestic passengers in June, according to data released by aviation regulator DGCA.

Akasa Air, which started business in August last year, surpassed SpiceJet with 4.9% market share against SpiceJet’s 4.4%.

Financial stress has stopped its expansion with the airline’s share decreasing from 5.4% in May.