Wednesday, May 01, 2013

India’s domestic traffic spiked in March: IATA


New Delhi: After a substantial fall in February, India’s domestic air traffic in March spiked seven per cent compared to 2012, primarily due to lower fares, IATA said on Wednesday.
Releasing latest data, global airlines’ umbrella body International Air Transport Association (IATA) said that the domestic traffic rose seven per cent compared to a year ago, making it the “second strongest performance” of the Indian aviation market.
The likely cause of this sudden and sharp increase was “a reduction in fares by several airlines serving the Indian domestic market” which boosted demand, it said.
In February, the traffic had dropped 9.1 per cent compared to the same month in 2012.
01/05/13 PTI/Business Line
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