India will become the third largest aviation market in the world displacing the UK by 2026, the International Air Transport Association (IATA) has said in its latest passenger forecast. An aviation market is defined by traffic to, from and within the country. At present, India is the ninth largest aviation market in the world. China will displace the US as the world’s largest aviation market around 2029. IATA expects passenger traffic to nearly double to 7.2 billion in 2035 from 3.8 billion air travellers in 2016.

Source: Hindustan Times October 19, 2016 09:56 UTC