India records highest growth in domestic air traffic in August

New Delhi: India witnessed the highest growth in domestic air passenger traffic this August registering almost a 20 per cent rate, even though the growth in international traffic slowed down worldwide.
India, which recorded a demand growth of 19.7 per cent in August, was described as "the top performer among domestic markets", latest figures analysed by the global airlines body, International Air Transport Association (IATA), showed.
India and Brazil, which followed in the domestic growth, together represented three per cent of worldwide air travel, it said.
In the international segment, passenger demand was up 4.5 per cent over August 2010, but this represented a significant slowing from the six per cent recorded in July.
Noting that the rate of decline in freight markets accelerated, the IATA said the 3.8 per cent contraction in freight markets in August was "more than double the pace of July's 1.8 per cent decline."
03/10/11 PTI/Economic Times

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Categories: Indian Aviation- In General Oct 2011