Air passenger traffic to grow by 11% during this year

Chennai: Air passenger traffic is expected to grow by 11% during this fiscal and around 1.8 million passengers are expected to be handled by Indian airports during 2012-13.
"The growth is slower than 15.9% and 13.2% recorded during 2010-11 and 2011-12. The deceleration is likely to be effected mainly by a sharp curtailment in the operations of Air India and Kingfisher Airlines," CMIE's ( Centre for Monitoring Indian Economy) Economic Intelligence Service for July said.
During April 2012, air passenger traffic rose by 7.6% year on year to touch 135.2 lakh passengers. Domestic air passenger traffic rose by 8.3% during the period. International passenger traffic grew by a slower 5.6% in April 2012.
19/07/12 Aparna Ramalingam/Times of India

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Categories: Indian Aviation- In General Jul 2012