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
New $1 Billion Fund Established to Assist Tourism Workers Impacted by Melissa
Minister of Tourism, Hon. Edmund Bartlett has revealed that a special fund, valued at over $1 Billion, has been established to assist tourism workers who have been negatively impacted by
Dubai Tourism announces new strategic alliances for Indian market
DTCM appoints Nijhawan Group as its new marketing communication and management consultancy firm for India Dubai Tourism has announced the appointment of Nijhawan Group as its in-market destination representation and
SOTC enters the Travel E Commerce space with the launch of its all new www.sotc.in
SOTC enters the Travel E Commerce space with an all new sotc.in portal, offering exciting new features. The platform presents an experiential holiday buying experience for its customers with a


