New Delhi: The International Air Transport Association (IATA) said on Friday that India’s domestic market increased by 16.3 percent last month as a result of market stimulation by domestic carriers.
“Indian domestic traffic climbed 16.3 percent (October). Although this was a considerable slowdown compared to September year-over-year growth of 26.4%, it was still a strong result and reflects market stimulation by local carriers,” IATA was quoted in a statement.
The country’s domestic traffic spiked 26.3 percent in September.
According to IATA the growth rates potentially were attributable to revived confidence over the new business-supportive government, the generation of strong demand owing to market stimulation measures introduced by carriers.
According to IATA, India’s domestic capacity in the month under review rose 3.4 percent when compared to October, 2013.
“International domestic travel demand rose 5.8 percent in October compared to October 2013, with the strongest growth occurring in China and India,” IATA pointed out.
05/12/14 IANS/The Hindu
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“Indian domestic traffic climbed 16.3 percent (October). Although this was a considerable slowdown compared to September year-over-year growth of 26.4%, it was still a strong result and reflects market stimulation by local carriers,” IATA was quoted in a statement.
The country’s domestic traffic spiked 26.3 percent in September.
According to IATA the growth rates potentially were attributable to revived confidence over the new business-supportive government, the generation of strong demand owing to market stimulation measures introduced by carriers.
According to IATA, India’s domestic capacity in the month under review rose 3.4 percent when compared to October, 2013.
“International domestic travel demand rose 5.8 percent in October compared to October 2013, with the strongest growth occurring in China and India,” IATA pointed out.
05/12/14 IANS/The Hindu
