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
Atlantis, The Palm takes the title as the Most Instagrammed Hotel in Dubai and the Middle East
Instagram’s official ‘Year in Review 2017’ crowns Atlantis, The Palm as the most photographed hotel in the region and one of the top 10 in the world Atlantis, The Palm,
Yatra reveals India’s top travel trends for 2017
The Indian travel market is estimated to be $30Billion in size and continues to grow in double digits. 2017 saw Indians travelling more frequently than before, aided by affordable pricing
Dia Mirza visits Kenya with Air Arabia
Bollywood actor, Dia Mirza visited Kenya for a holiday from 19th to 23rd July, 2018. The actress’ flight was facilitated by Air Arabia. During a meet and greet hosted for
