Friday, December 22, 2017

India air traffic gains momentum as travel season begins

Mumbai:  India's domestic airline traffic continued to grow in double-digits in November, buoyed by the onset of the main travel season, even as concerns linger over rising fuel prices and crippling airport infrastructure. The number of passengers flown last month jumped almost 17% on year to 10.5 million, according to government data.

Air travel in India traditionally records a spurt from October through March, rebounding from a lean period in the previous months. Air travel in Asia's third-largest economy has grown at an annual pace of more than 20% in the past few years as rising incomes and the advent of no-frills carriers prompted more people to shun trains for long-distance travel.

Last year, India became the largest aviation market behind the U.S. and China with domestic traffic touching 100 million passengers.
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"We are optimistic that this double-digit growth will continue in the coming months, driven by economical ticket prices, increasing capacity, and a number of long weekends," said Sharat Dhall, chief operating officer at travel portal Yatra.com.
21/12/17 Nikkei Asian Review

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