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
Thomas Cook India appoints Senior Vice President for its Leisure Businesses
Thomas Cook India welcomes Romil Pant for its Leisure business – both international and domestic Thomas Cook (India) Ltd. has announced the appointment of Romil Pant as Senior Vice President
Seychelles Tourism Board celebrates the success of three-city road show
Seychelles Tourist Office, India organised a three city roadshow from 18th to 22nd September 2017 in Delhi (18th), Ahmedabad (20th) and Mumbai (22nd). Delhi, Ahmedabad and Mumbai churn out some of the
India needs Rs 2-3 lakh cr investment for new airports says Jayant Sinha
Aviation is going to be one of the major sectors that will drive economy going forward. The country will require an investment of Rs 2-3 lakh crore over the next


