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India's domestic air traffic grows in double digit for 50th month

IANS  |  New Delhi 

India's domestic air passenger traffic grew in double digit for the 50th consecutive month in October, a global association said on Thursday.

The (IATA) said that India's domestic air passenger volume, measured in revenue passenger kilometres (RPK), was the highest amongst major markets like Australia, Brazil, China, Japan, and the US.

"posted its 50th consecutive month of double-digit growth (15 per cent). While this was a slowdown from 19.6 per cent in September, the strong upward trend in traffic remains in place," IATA said in its air passenger market analysis for October 2018.

"This is being supported by structural changes, including ongoing rises in living standards, as well as large increases in the number of airport connections within the country. The latter translates into time savings and has a similar stimulatory impact on demand as reductions in fares."

India's domestic RPK in the month under review rose 15 per cent compared to the corresponding month of the previous year.

India's domestic passenger traffic growth was followed by that of at 12.2 per cent and at 11.7 per cent.

In terms of capacity, India's domestic available seat kilometres (ASK) -- which measures available passenger capacity -- stood higher by 17.4 per cent in October, than that of China's 11.1 per cent and Russia's 8.8 per cent

--IANS

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, December 06 2018. 20:26 IST
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