310 million flyers in India by 2018-19 says Report
With India’s civil aviation industry showing resilience lately, the number of air passengers in the country is likely to touch 310 million by the financial year 2018-19, says a report released by a credit rating agency recently.
At present, India is the ninth-largest aviation market in the world. It was the fastest-growing domestic market in 2015 and remained strong in 2016 as well, the release issued by India Ratings and Research. Between the financial years 2008 and 2016, the number of domestic passengers grew at a compound annual growth rate (CAGR) of 8.5%. The total number of flyers including international grew at a CAGR of 8.3%.
You might also like
AirAsia India adds one A320 aircraft to launch three new routes
AirAsia plans to aggressively grow its Indian joint venture fleet by adding 10 planes a year and “India will become a very big hub for us eventually,” AirAsia group chief
TAAI launches TAAI CONNECT
It revolutionizes the way; travel agencies can do business, grow capabilities and reach our farther than they can see. With many online agencies, the market environment will witness a new
U.S. to ban travel to North Korea from September 1
The United States has issued a ban prohibiting its citizens traveling to North Korea, a move triggered by the death of a US student imprisoned by Pyongyang during a tourist


