“India’s domestic traffic soared 21.8%, marking the 20th month of double-digit traffic growth and the 13th consecutive month it has led the domestic markets,” IATA said. China’s airlines recorded 9.5% domestic traffic growth. IATA estimates that in the absence of the attacks, demand growth would have been around 5%. Growth is being propelled by a relatively strong economy as well as by substantial increases in service frequencies, it added. There are some longer-term clouds over the pace of demand growth.
Source: Mint May 30, 2016 14:03 UTC