Rupee fall boosts domestic air traffic in holiday month of December

New Delhi: Forget slowdown fears. Indians flew like never before within the country in the holiday month of December, with 56.3 lakh people taking to the skies. This surge also took the number of domestic flyers in 2011 just past the 6-crore mark, up 16.6% from previous year's figure of 5.2 crore.
According to Centre for Asia Pacific Aviation (CAPA), India is the fastest growing aviation market in the world with the 2011-12 fiscal likely to record a growth of 17-18% - among the highest in the world. Although it made public the passenger figures on Monday, the government is yet to give out the market shares and aircraft occupancies for December.
In November 2011, when 54 lakh people took to the Indian skies, aircraft occupancy ranged from 88.7% (IndiGo) to 76% ( Air India).
The extra surge in December would have seen even higher load factors.
"Domestic travel is growing very fast now. December saw huge growth of 15-20% over same month in 2010 and there is no sign of a slowdown visible here.
24/01/12 Times of India

To Read the News in full at Source, Click the Headline

Categories: Indian Aviation- In General Jan 2012