Photo: Hindustan TimesNew Delhi: India’s domestic air traffic grew 23.5% in September continuing its two-year run of double digit growth and is now expected to surpass the UK in a decade. Such a high market share was common in early 2000s when Air India, Air Sahara and Jet Airways were the only options for Indian passengers. Jet’s domestic market share in September was 18.6%, followed by Air India (14.7%), SpiceJet (12.5%), GoAir (8.3%), Vistara (2.5%) and AirAsia (2.3%). 10 years after that India’s air passenger traffic will grow to 442 million by 2035—a rise of 322 million passengers from the current numbers. “China will displace the US as the world’s largest aviation market (defined by traffic to, from and within the country) around 2029.

Source: Mint October 19, 2016 21:00 UTC