Recently, International Air Transport Association (IATA) reported that India’s domestic passengerair travelling preference increased by 21% in the month of May. The position sustained from the past 14 months in comparison to last year. This year in May the air traffic grew by 5.1% in domestic travel whereas international modeof the travelling increased by 4.3%.
The IATA pointed out that the manner of travelling surpassed other countries preferences. India’s domestic revenue passenger kilometre, as well as available seat kilometre, came as to be the highest among rest of the countries such as Brazil, Australia, Japan, Russia, China and the US.
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Data disclosed as per IATA, India’s growth of domestic passenger traffic was more than China resting at 9.8%, following it was the U.S. at 4.4% and lastly Australia at 0.8%. The other three countries Brazil, Japan and Russia witnessed a steep decline in domestic and international passenger traffic respectively.
Simultaneously measurement hailing from Available Seat Kilometre which helps in showcasing available passenger vacancy showed a similar growth at 21.6% following it the U.S. and Australia at 9.8% and 4.3% respectively.
According to World Air Transport Statistics,India had achieved the fastest domestic passenger growth in 2015, with an annual growth of 18.8 per cent in a market of 80 million domestic passengers.The global RPK in May had risen by 4.6 per cent, while the ASK climbed by 5.5 per cent.
Further on such comment from global airline association, IATA Director General and Chief Executive Officer, Tony Tyler reverted as, “After an adamant start to the year, demand growth is slipping back toward more historical levels. A combination of factors is likely behind this more moderated pace of demand growth.These include continuing terrorist activity and the fragile state of the global economy. Neither bode well for travel demand. And the shocks of Istanbul and the economic fallout of the Brexit vote make it difficult to see an early uptick.”
