India leads in air travel growth: IATA - News Summed Up

India leads in air travel growth: IATA


“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



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