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
Tips to support eco-tourism as a traveller
Ecotourism is a very important aspect of tourism to understand. With global warming and rising pollution levels, it’s high time for us to care for our mountains, beaches, hills and
Air India to reserve six front seats for women
This is perhaps the first time in the world that seats will be reserved only for women passengers on planes in such a manner. National carrier Air India will soon
Savour your Sunday Brunch with ‘Nukkad: Street Food of India’ Fest at Radisson Blu Resort Goa
As the people of Goa love food and are constantly in search of new flavours, Radisson Blu Resort Goa Cavelossim Beach has come up with a gastronomically delight with a scrumptious “Nukkad: Street
