Friday, September 17, 2010

Air traffic growth slips to single digit in Aug

New Delhi: Domestic air traffic growth slipped to single-digit in August mainly due to lean season. Domestic carriers such as Air India, Jet Airways and IndiGo together flew 40.38 lakh passengers during this period, registering a growth of 9.8% over the corresponding month last year, the Directorate General of Civil Aviation (DGCA) data released on Thursday showed.
The traffic grew 19% to 284.24 lakh in January-August period with most of the airlines reporting increased flight occupancy on the back of strong economy and market sentiment.
“Analysis of data on year-on-year basis indicates that the trend of increase in demand and capacity continued in the month of August,” a civil aviation ministry statement said. American aircraft manufacturer Boeing has estimated the domestic air traffic to grow in the range of 10-15% during the current financial year ending March 2011.
17/09/10 Financial Express
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