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
Al Hamra to celebrate the Ras Al Khaimah Happiness Festival
Ras Al Khaimah property developer, Al Hamra, is set to put a smile on the face of residents as part of Ras Al Khaimah’s (RAKs) inaugural Happiness Festival, by welcoming
Air Deccan takes wings again, flies to Jalgaon
India’s first low-cost carrier Air Deccan, which ceased operations after being acquired by erstwhile Kingfisher Airlines in 2008, took off wings again as a commuter airline with its maiden flight taking
13th ATOAI Convention to be held from September 18-21, 2017 at Kumarakom, Kerala
ATOAI team met with the Hon’ble Tourism Minister Dr. Mahesh Sharma in his office to personally invite him for their forthcoming convention. Dr. Sharma said “Adventure Tourism is a new
