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—
- Delhi
- Mumbai
- Bangaluru
- Chennai
- Hyderabad
- Kolkata
The Top Airlines in India as of 2021 are listed below. The list is ranked based on Market capitalization.
1. 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
| 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
| 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
| 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 |