Pune: There will be nearly 50 million new passengers on the domestic circuit within the next four years, a million more than the current 49 million today, revealed a study by international trade group, International Air Transport Association (IATA).
The study also found that India will clock the second highest growth rate at 13.1% in the 2012-16 period, which will translate into 49.3 million new passengers.
However, an analysis by the Directorate General of Civil Aviation (DGCA) found that the first nine months of 2012 saw a decline of 0.9%, similar to the corresponding figures last year.
“Despite the current economic uncertainty, the expected demand for connectivity remains strong. Growing air transport links generate jobs and underpin economic growth.
07/12/12 Daily News & Analysis
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The study also found that India will clock the second highest growth rate at 13.1% in the 2012-16 period, which will translate into 49.3 million new passengers.
However, an analysis by the Directorate General of Civil Aviation (DGCA) found that the first nine months of 2012 saw a decline of 0.9%, similar to the corresponding figures last year.
“Despite the current economic uncertainty, the expected demand for connectivity remains strong. Growing air transport links generate jobs and underpin economic growth.
07/12/12 Daily News & Analysis
