India remains fastest growing domestic air market
The Indian domestic air travel market remains the fastest growing in the world, according to new data from the International Air Transport Association (IATA).
Demand for domestic flights in India jumped 27.4% year-on-year in March 2016, in revenue passenger kilometre (RPK) terms. By contrast, the second fastest-growing major market, the US, expanded 4.1% in March and domestic air travel in China increased just 3.3%.
India’s growth is being propelled by the comparatively strong economic outlook and sizeable increases in seat capacity. The number of available seats on India’s domestic airlines increased 21.7% in March 2016, and average load factor jumped 3.7 percentage points to 83.1% – the highest of any major global market except the US (85.4%).
The average flight frequencies within India are scheduled to increase by 11.5% in 2016. India now accounts for 1.2% of global air traffic – similar to Japan and slightly behind Russia and Brazil.
The global domestic air passenger market expanded 3.7% in March 2016, a dramatic slowdown from the leap year-aided 7.8% growth recorded in February.
News Source: traveldailymedia .com
You might also like
Central Railway to run 60 more special trains during Ganpati Festival
The Central Railway will run 60 more special trains to clear the extra rush of passengers during Ganpati Festival. It was directed by Railway Minister Suresh Prabhu in addition to
Emirates to add a fourth daily flight to Riyadh
Emirates will boost its services to Riyadh with the addition of a fourth daily flight to the Saudi capital from 1 September 2018. The addition of the fourth daily service will take
‘Trump Slump’ leads Spain to overtake US in Global Tourism: GlobalData
Spain is expected to become the second most popular tourist destination in the world, overtaking the US, as the so called ‘Trump Slump’ cause a dip in the US tourism


