Wednesday, December 06, 2017

China and India lead airline growth

Airlines in China and India have registered the largest increases in passenger numbers over the last year.
 That's according to research by IATA, the International Air Transport Association.
IATA's statistics show that, when compared to the same month in 2016, passenger traffic in China grew by an impressive 10 percent in October.
That's ahead of 7.7 percent in Brazil, 6.1 percent in Russia and 5.3 percent in the USA.
Projecting these figures into the future, IATA predicted that China will be the largest aviation market in the world by 2025, with the USA in second position and India in third.
At the moment, however, traffic in India is growing at the fastest rate in the world.
Over the last year, IATA statistics showed that airlines in India recorded an increase in passenger traffic of just over twenty percent.
This is especially impressive considering that October was the 38th consecutive month of double-digit passenger percentage growth for India.
05/12/17 Rupert Reid/Spectrum Sino