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
Cocoon Maldives- A beautiful place to stay in on the islands
Cocoon Maldives blends the best of Italian design with the Maldives’ stunning natural beauty, all set against the backdrop of the azure Indian Ocean. All of the villas and suits
Qatar Tourism conducts two-city India roadshow
Qatar Tourism successfully conducted its first roadshow in India since the pandemic. The events in Delhi and Mumbai were attended by notable participants from the Indian travel industry, including trade
Star Cruises voted “Asia’s Leading Cruise Line 2017”
For six consecutive years at the World Travel Awards Star Cruises was voted “Asia’s Leading Cruise Line 2017” at this year’s 24th Annual World Travel Awards Asia & Australasia Gala
