India recorded highest domestic air passenger growth in 2016

Posted on:03 Feb 2017 18:11:41
India recorded highest domestic air passenger growth in 2016
03 February 2017 Current Affairs: India witnessed the highest growth of 23.3 per cent in domestic air travel demand worldwide in 2016 twice that of neighbouring China, according to IATA. 

India witnessed the highest growth of 23.3 per cent in domestic air travel demand worldwide in 2016 twice that of neighbouring China, according to IATA. 

Domestic air travel rose 5.7 per cent in 2016. Capacity rose 5.1 per cent and load factor was 82.2 per cent, up 0.5 percentage points over 2015 .

All major markets except Brazil showed growth, but India and China, with RPK expansion of 23.3 per cent and 11.7 per cent, respectively, were the stand-out performers .

Both India and China have been underpinned by additional routes and increasing flight frequencies, the grouping said, while adding that the latter is likely to continue this year. 

Globally, passenger traffic demand grew 6.3 per cent last year -- much higher than the ten-year average annual growth rate of 5.5 per cent. 

International passenger traffic alone rose 6.7 per cent in 2016. 

Air travel was a good news story in 2016. Connectivity increased with the establishment of more than 700 new routes. And a $ 44 fall in average return fares helped to make air travel even more accessible. 

As a result, a record 3.7 billion passengers flew safely to their destination. Demand for air travel is still expanding 

 

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