India was the number one source for international tourists to Sri Lanka in 2016, a position that the nation has held for the past 10 years and more. With that result, it means Indian arrivals accounted for 15% of international visitors to Sri Lanka in 2016. On the other hand, Sri Lanka was India’s sixth largest source of foreign tourist arrivals in 2016, accounting for 3.4% of the market. The table below shows the breakdown of international visitor numbers between the two nations over the last 11 years, and the growth rate for the past 10. The key conclusion is that between 2006 and 2016, annual tourists from India to Sri Lanka grew by 147%, while yearly tourists from Sri Lanka to India increased by 92%. When combined, it shows that tourist visitors between the two countries increased at an average yearly rate of 8.3%. The two markets also have very strong business and VFR connections which support the relationship and links between these two close nations.
Between 2015 and 2016, combined tourist arrivals between the two countries expanded by 6.5%, with it having grown 6.8% the year before. What is noticeable is that the growing movement of tourists between the two nations appears to be coming from the Indian end of the sector, as Sri Lankan tourist arrivals to India dipped 0.7% for two consecutive years (2015 and 2016). Despite the focus being towards India, the combined growth of the two nations is no doubt a welcome for Colombo Airport, with Sri Lanka’s largest international market now accounting for just under three million annual seats from the island’s premier gateway.
Last year seat capacity between India and Sri Lanka grew by over 17%, with 2.93 million seats being offered between the two nations. This rate has more than doubled from the growth levels that were seen in 2016, with the seat offering between Sri Lanka and India increasing by 7.1% versus 2015. However, while the market has now reported three years of strong consecutive growth, it has not been a stable country paring within the past decade, with 2014 witnessing a 13% cut in seats against 2013, while the 12-month period before that posted a 5.7% drop.
Last year only 3.9% of seats between India and Sri Lanka were operated by an LCC, with those seats being flown on SpiceJet’s services from Chennai and Madurai to Colombo. In 2018, the low-cost market is expected to boom by 326% due to the arrival of IndiGo this month. The largest airline in the market by far is SriLankan Airlines which current has a seat share of 75%, followed by Jet Airways (11%), Air India (9.5%) and SpiceJet (3.9%). SriLankan Airlines’ dominance was advanced last year due to it taking over a majority of the operations from closed down Mihin Lanka, an airline which held a 10% share of seats in 2016. The result means that SriLankan Airlines grew its own seat capacity between its home market and India by 40% last year, with Jet Airways upping its offering by 21%, Air India rose by 4.1%, while SpiceJet remained constant.
28/01/18 anna.aero
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Between 2015 and 2016, combined tourist arrivals between the two countries expanded by 6.5%, with it having grown 6.8% the year before. What is noticeable is that the growing movement of tourists between the two nations appears to be coming from the Indian end of the sector, as Sri Lankan tourist arrivals to India dipped 0.7% for two consecutive years (2015 and 2016). Despite the focus being towards India, the combined growth of the two nations is no doubt a welcome for Colombo Airport, with Sri Lanka’s largest international market now accounting for just under three million annual seats from the island’s premier gateway.
Last year seat capacity between India and Sri Lanka grew by over 17%, with 2.93 million seats being offered between the two nations. This rate has more than doubled from the growth levels that were seen in 2016, with the seat offering between Sri Lanka and India increasing by 7.1% versus 2015. However, while the market has now reported three years of strong consecutive growth, it has not been a stable country paring within the past decade, with 2014 witnessing a 13% cut in seats against 2013, while the 12-month period before that posted a 5.7% drop.
Last year only 3.9% of seats between India and Sri Lanka were operated by an LCC, with those seats being flown on SpiceJet’s services from Chennai and Madurai to Colombo. In 2018, the low-cost market is expected to boom by 326% due to the arrival of IndiGo this month. The largest airline in the market by far is SriLankan Airlines which current has a seat share of 75%, followed by Jet Airways (11%), Air India (9.5%) and SpiceJet (3.9%). SriLankan Airlines’ dominance was advanced last year due to it taking over a majority of the operations from closed down Mihin Lanka, an airline which held a 10% share of seats in 2016. The result means that SriLankan Airlines grew its own seat capacity between its home market and India by 40% last year, with Jet Airways upping its offering by 21%, Air India rose by 4.1%, while SpiceJet remained constant.
28/01/18 anna.aero
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