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
India to work with BIMSTEC members to improve regional connectivity: PM Modi
India is committed to work with the BIMSTEC member states to enhance regional connectivity and combat the menace of terrorism and drug trafficking, Prime Minister Narendra Modi said while addressing
Abu Dhabi Food Festival set to serve up culinary extravaganza this December
Top TV Chefs on the menu for ADFF 2016 Festival to feature gourmet ABU DHABI and Street feast as well as globally recognised Trade Fair Sial A sumptuous celebration of
Balaji Sarovar Premiere Solapur receives IGBC’s Leed India Gold rating
In recognition of its green initiatives, Balaji Sarovar Premiere Solapur has been certified with the Indian Green Building Council’s Leed India Gold rating. This is the first gold rating received