India fastest growing aviation market for 22 month-in-a-row


The Indian domestic aviation market has been the fastest growing aviation market in the world for 22-months-in-a-row, the International Air Transport Association (IATA) has said.

India led domestic all markets in year-to-year growth for the 22nd month in a row; January traffic soared 26.6%, marking the 15th consecutive month of 20%-plus annual growth. Demand is being stimulated by strong flight frequency,” IATA said on Tuesday.

The International Air Transport Association is the biggest association of airlines globally representing some 265 airlines comprising 83% of global air traffic.

Domestic air travel climbed 9.9% in January year-on-year. All markets except Brazil showed growth, paced by double-digit increases in China, India and Russia. Capacity increased 8.7% and load factor was 80.1%, up 0.9% percentage points,” it said.

IATA announced global passenger traffic results for January 2017 which showed that demand (revenue passenger kilometers or RPKs) rose 9.6% compared to January 2016. This was the strongest increase in more than five years.

“2017 is off to a very strong start, with demand at levels not seen since 2011. This is supported by the upturn in the global economic cycle and a return to a more normal environment after the terrorism and political ‘shock’ events seen in early 2016,” said Alexandre de Juniac, IATA’s Director General and CEO.

You may also read!

Etihad Airways Launches ‘Fly Now Pay Later’ Scheme

The UAE's flag carrier Etihad Airways has launched a 'fly now and pay later' scheme which provides people an

Read More...

Pak Nukes Hidden At Nine Places, At Risk Of Being Stolen By Terrorists

Pakistan PM Shahid Khaqan Abbasi last week yet again flaunted+ his country's tactical or nonstrategic nuclear weapons, saying

Read More...

Fighter Jets, Drones On Table As James Mattis Visits Key Ally India

Fighter jets, drone deals and shared concerns over Afghanistan's security challenges look set to dominate the agenda when US

Read More...

Leave a reply:

Your email address will not be published.

Mobile Sliding Menu