"Air Deccan has garnered a market share of 21.2 per cent in June, a rise of 1.8 per cent since May 2005 while the market share of Indian dipped to 20.8 per cent in the month of June," a company release said.
"Air Deccan with its unconventional business model brought the luxury of flying to the common man in India. Dynamic pricing coupled with wide connectivity, rapid expansion of fleet and several other steps enabled us in becoming the second airline in the country within such a short span of time," Capt G R Gopinath, managing director, said in the statement.
Air Deccan, which started operations in August 2003, has seen a very rapid growth having flown over 5.8 million passengers since inception.
Gopinath said that the rise of Air Deccan was indicative that the country had an appetite for low cost airlines.
"If we go by the current rate of growth we are witnessing, it won't be long before we become the largest people carrier with the largest fleet offering the largest connectivity and the lowest fares," he said.
Operating to 55 destinations across the country with a fleet of 14 Airbus A-320 and 21 turbo propelled aircraft, Air Deccan very recently placed an order for 96 new planes, which will be delivered over a period of 96 months.
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