Tuesday, December 20, 2016

Demonetisation pushes airline traffic growth over 20% in November

Directorate General of Civil Aviation (DGCA) unveiled on Monday that domestic airlines’ passenger traffic grew by 23.10% in November.

“Passengers carried by domestic airlines during Jan-Nov 2016 were 903.36 lakhs as against 733.82 lakhs during the corresponding period of previous year thereby registering a growth of 23.10%,” the report said.
Indigo registered the highest number of passengers carried of 37.73 lakh followed by Jet Airways which had 13.36 lakh passengers and Air India that had 11.57 lakh passengers in November.
With the demonetisation of Rs 500 and Rs 1,000 notes announcement on November 8 the government had allowed citizens to book flight tickets for a few days with old currency notes.

To bridge any gaps caused by any loop-holes the airlines later said that those who booked tickets up till November 11 with old notes will not be refundable.
19/12/16 Zee Business
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