Full service carriers have been steadily losing market share to LCCs, and the price move, apart from improving the passenger load factor, could help them grab market share. Budget carriers IndiGo (at 27.6 per cent) and SpiceJet (at 18.5 per cent ) have been gaining market share at the expense of Jet (25.2 per cent). In July, IndiGo (27 per cent) displaced Jet (26.6 per cent) as the market leader in passenger share.