New Delhi: Domestic air traffic demand in India fell by over six per cent last November as the country's business fundamentals remained "weak", though neighbouring China saw an impressive 7.7 per cent growth in the same period, global airlines body IATA said today.
Overall domestic air traffic demand in India "fell by 6.5 per cent, reflecting the slowing economy and sinking business confidence", the International Air Transport Association (IATA) said in its analysis of the latest global air traffic.
"Month-on-month traffic (in India) increased by 3.2 per cent, the second month of positive growth in a row. However, it is not clear if India has turned the corner as business fundamentals remain weak," the global traffic results said.
09/01/13 PTI/Economic Times
