New Delhi: Global airlines' body IATA Friday termed Indian aviation market as "faltering" and said domestic passenger traffic in the country had slid by about 10 percent compared to a year ago, the "worst" for any market.
While China's surge in passenger demand continued with an 11.4 percent hike since last year, "Indian domestic traffic plummeted 9.9 percent compared to a year ago, the worst performance for any market," International Air Transport Association (IATA) said in its global traffic results for September.
It said the decline in the Indian passenger traffic demand reflected "the slowing economy and capacity reductions that have suppressed domestic travel."
In India, September's domestic capacity fell 5.9 percent, dropping the load factor 2.9 percentage points to 64.9 percent, "the lowest of any market," the IATA analysis said.
02/11/12 ZeeNews
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While China's surge in passenger demand continued with an 11.4 percent hike since last year, "Indian domestic traffic plummeted 9.9 percent compared to a year ago, the worst performance for any market," International Air Transport Association (IATA) said in its global traffic results for September.
It said the decline in the Indian passenger traffic demand reflected "the slowing economy and capacity reductions that have suppressed domestic travel."
In India, September's domestic capacity fell 5.9 percent, dropping the load factor 2.9 percentage points to 64.9 percent, "the lowest of any market," the IATA analysis said.
02/11/12 ZeeNews
