Saturday, October 03, 2015

India dominates air traffic growth: IATA

New Delhi: India continued to post strong air traffic growth in August, beating the top six domestic airline markets in the world. This was fuelled by airlines offering cheaper tickets due to a significant drop in the global oil prices.

The increase in air travel demand and entry of new airlines AirAsia and Vistara also helped airlines fill more seats.

According to the International Air Transport Association (IATA), traffic in India grew 18.3 per cent in August, highest among top domestic airline markets in the world, including China, which saw growth of 13.6 per cent in the same month. This was followed by Russia (10.9 per cent), the United States (5.1 per cent), Australia (1.7 per cent), Brazil (-0.9 per cent) and Japan (-2.1 per cent). “India’s domestic demand surge largely reflected increases in service frequencies and economic strength,” IATA said.
03/10/15 Business Standard
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