New Delhi: Domestic air passenger traffic surged over 13 per cent, the highest among seven major global aviation markets including China and the US, in September over the year-ago period, international air transport body IATA said today.
At the same time, global travel demand rose by 7.8 per cent in September compared to the same period of 2014 with all markets except Brazil logging growth, IATA said.
India recorded the strongest growth during the month with domestic air traffic spiking 13.2 per cent, followed by China and Russia, it said.
"The demand for air travel in September was robust even with the economic slowdown in some key emerging markets such as China. The industry seems set for a positive end to 2015," Tony Tyler, IATA's Director General and Chief Executive Officer, said. While the overall outlook is for a collective profit that covers the industry's cost of capital, parts of the industry are really struggling, he said.
05/11/15 PTI/Economic Times
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At the same time, global travel demand rose by 7.8 per cent in September compared to the same period of 2014 with all markets except Brazil logging growth, IATA said.
India recorded the strongest growth during the month with domestic air traffic spiking 13.2 per cent, followed by China and Russia, it said.
"The demand for air travel in September was robust even with the economic slowdown in some key emerging markets such as China. The industry seems set for a positive end to 2015," Tony Tyler, IATA's Director General and Chief Executive Officer, said. While the overall outlook is for a collective profit that covers the industry's cost of capital, parts of the industry are really struggling, he said.
05/11/15 PTI/Economic Times
