Saturday, August 12, 2017

Freight handled by airports grew by 20 times

The National Civil Aviation Policy, 2016 has envisaged growth of cargo volumes to 10 million tonnes by 2027, said Minister of State for Civil Aviation Shri Jayant Sinha.
As per data maintained by the Airports Authority of India (AAI), air freight handled at Indian airports grew by more than 20 times from 0.08 million metric tonnes in 1972-73 to 2.5 million metric tonnes in 2014-15, and its compound annual growth rate (CAGR) was 8.8% during 2013-14 to 2016-17.
Measured in million tonne-kilometers, the data maintained by the World Bank also shows that air freight transported by India went up from 96.3 million tonne-kilometers in 1970 to 1,833.8 million tonne-kilometers in 2015, added the Minister.
12/08/17 India Infoline

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