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India’s domestic passenger demand up 25 percent: IATA
A leading global airlines’ association on Thursday reported that India’s domestic passenger demand grew by 24.6 percent in February.
“India led all domestic markets again with a 24.6 percent year-on-year growth, supported by the strong economic backdrop, as well as notable increases in services,” said International Air Transport Association (IATA) in its global passenger traffic results for February.
“This trend is expected to continue with flight frequencies in 2016 scheduled to increase by 11.5 percent year-on-year,” it said.
According to IATA, India’s passenger traffic demand grew the fastest amongst the seven major aviation markets of the world — Australia, Brazil, China, Japan, Russian Federation and the US.
“All markets except Brazil showed growth, with the strongest increases occurring in India, the US and China,” IATA cited.
India’s traffic demand growth was followed by that of the US at 8.9 percent, China at 8.2 percent, Australia at 4.6 percent, the Russian Federation at 3.4 percent and Japan at 1.4 percent.
However, Brazil’s domestic passenger growth slumped by 3.1 percent during the month under review.
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