Wednesday, March 08, 2017

India fastest growing aviation market for 22 month-in-a-row

The Indian domestic aviation market has been the fastest growing aviation market in the world for 22-months-in-a-row, the International Air Transport Association (IATA) has said.

“India led domestic all markets in year-to-year growth for the 22nd month in a row; January traffic soared 26.6%, marking the 15th consecutive month of 20%-plus annual growth. Demand is being stimulated by strong flight frequency,” IATA said on Tuesday.

The International Air Transport Association is the biggest association of airlines globally representing some 265 airlines comprising 83% of global air traffic.

“Domestic air travel climbed 9.9% in January year-on-year. All markets except Brazil showed growth, paced by double-digit increases in China, India and Russia. Capacity increased 8.7% and load factor was 80.1%, up 0.9% percentage points,” it said.
07/03/17 Defence Aviation Post

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