Friday, January 12, 2018

India, China leading domestic passenger growth: IATA

New Delhi: India's domestic traffic rise is leading the world with the growth clocking 16.4% in November, marking the 39th consecutive month of double-digit domestic growth for the market, says International Air Transport Association (IATA).

"All markets showed growth, led again by India and China. Domestic capacity climbed 5.9%, and load factor improved 1.4 percentage points to 83.6%," IATA said in a release.

The release added that large markets in India, China and Japan mean that domestic travel accounts for 45% of the region's operations. "It is less important for Europe and most of Africa where domestic travel represents just 11% and 14% of operations, respectively. And it is negligible for Middle Eastern carriers for whom domestic travel represents just 4% of operations," it said.

According to IATA, total revenue passenger kilometers (RPKs) in November last year rose 8.0% compared to November 2016, the fastest growth rate in five months and up from a 7.3% year-over-year rise in October. Capacity (available seat kilometers or ASKs) increased by 6.3%, and load factor rose 1.2 percentage points to 80.2%.
11/01/18 Mihir Mishra/Economic Times

0 Comments: