Monday, October 02, 2017

Emirates predicts India will be 'third largest aviation market'

India is fast becoming the world’s third largest aviation market, with passenger numbers growing by around 20 percent each year – far exceeding the global average of 7.3 percent, Emirates noted in its latest monthly bulletin.

The Dubai-based carrier said in 2016 India’s domestic passenger traffic stood at 100 million, an increase of 23 percent from the previous year and making it the third largest market for domestic passengers.

Meanwhile, India’s international traffic stood at 59 million, an increase of 10 percent, Emirates said, citing figures from OAG Analyser, IATA and the Centre for Aviation (CAPA).

In recent years, much of India’s aviation growth has come from Indian carriers, which have significantly built their market share with new international services, Emirates’ bulletin said. Air India, for example, has launched new routes from India to San Francisco, London, Vienna and Madrid in the past year, while Jet Airways, SpiceJet and Indigo have also expanded.
02/10/17 Sarah Townsend/Arabian News