Airfares in India see sharp rise in last few months; MAX planes grounding worsens situation
The report noted that Jet Airways, which along with its subsidiary Jet Lite had the second-largest share of the domestic market until January 2019, has been steadily losing market share as it has been forced to shrink its operating fleet due to financial troubles.
Airlines that do not rely on 737 MAX planes may benefit as competitors struggle to replace their grounded fleet with other models. Photo: Reuters