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
France and Germany top new sustainable tourism index by The Economist Intelligence Unit
Strong policies supporting sustainability in the tourism industry help European countries take the top three spots in inaugural Sustainable Tourism Index covering ten countries across the world Developing countries fall
IRCTC.co.in website gets a facelift
On the new irctc.co.in, a user does not require log-in credentials to search for trains, doing away with a major barrier for smooth user experience. The new features of irctc.co.in are
Take steps to attract Chinese tourists, DG urges IATO members
Director-General (Tourism) Satyajeet Rajan called upon the members of the Indian Association of Tour Operators (IATO) to attract Chinese tourists by promoting India through social media, short movies and other
