List Of Airlines In India

During the last three years, India's civil aviation industry has emerged as one of the country's fastest growing industries. India has surpassed the United Kingdom to become the world's third largest domestic aviation market, and it is expected to overtake it as the world's third largest air passenger market by 2024.

In this guide, you’ll learn:

According to the International Air Transport Association (IATA), India is expected to overtake China and the United States as the world's third-largest air passenger market in the next ten years, by 2030.

Furthermore, rising demand in the sector has increased the number of planes in operation. By 2027, the number of planes is expected to reach 1,100.

There are 6 major airports in India—

  1. Delhi
  2. Mumbai
  3. Bangaluru
  4. Chennai
  5. Hyderabad
  6. Kolkata

The Top Airlines in India as of 2021 are listed below. The list is ranked based on Market capitalization.

1. Interglobe Avi

Quick Overview— Interglobe Avi
Foundation 2004
Website goindigo.in
Trading Symbol INDIGO
Type Large Cap
Market-Cap Rs 77,497 Cr.
Revenue Rs 14,660 Cr.
ROE -212 %
Promoter holding 74.8 %
Dividend Yield 0.00 %
Debt to Equity -

2. SpiceJet

Quick Overview— SpiceJet
Foundation 2004
Website spicejet.com
Trading Symbol SPICEJET
Type Small Cap
Market-Cap Rs 4,210 Cr.
Revenue Rs 5,171 Cr.
ROE -
Promoter holding 59.5 %
Dividend Yield 0.00 %
Debt to Equity -

3. Jet Airways

Quick Overview— Jet Airways
Foundation 1992
Website jetairways.com
Trading Symbol JETAIRWAYS
Type Small Cap
Market-Cap Rs 1,021 Cr.
Revenue Rs 333 Cr.(2021)
ROE -
Promoter holding 25.0 %
Dividend Yield 0.00 %
Debt to Equity -

4. Global Vectra

Quick Overview— Global Vectra
Foundation 1997
Website globalhelicorp.com
Trading Symbol GLOBALVECT
Type Small Cap
Market-Cap Rs 74.5 Cr.
Revenue Rs 294 Cr.(2021)
ROE -35.7 %
Promoter holding 75.0 %
Dividend Yield 0.00 %
Debt to Equity 9.96
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