India's domestic air passenger traffic grows due to network expansion: IATA

Friday, 06 July 2018, 04:14 Hrs
29
cmt right
37
Comment Right
65
cmt right
13
cmt right
Printer Print Email Email


Strong growth in network expansion led to double-digit growth in India's domestic air passenger traffic for the 45th consecutive month in May, even as the rise in demand came down in the last few months, a global airline association said.

According to the International Air Transport Association (IATA), India's domestic air passenger volume measured in revenue passenger kilometres (RPK) was the highest among major aviation markets like Australia, Brazil, China, Japan, Russia and the US.

As per data, India's domestic RPK in the month under review rose by 16.6 per cent in May compared to the corresponding month of the previous year.

However, on a sequential basis the growth had come down from April's rise of 25.7 per cent. 

"India's domestic traffic rose 16.6 per cent year-over-year, which was down from 25.7 per cent in April. Passenger volumes in India have fallen back in seasonally-adjusted terms in recent months alongside some mixed signals on the economic front," IATA said in its global passenger traffic results for May 2018. 

"Notwithstanding this, May was India's 45th consecutive month of double-digit annual RPK growth. Demand continues to be supported by strong growth in the number of airport connections within the country: some 22 per cent more airport-pairs are scheduled to operate in 2018 compared to last year."

India's domestic passenger traffic growth was followed by that of China at 11.9 per cent and Russian Federation at 8.6 per cent.

In terms of capacity, India's domestic available seat kilometres (ASK) -- which measures available passenger capacity -- climbed higher by 18 per cent in May, followed by that of China's 12.5 per cent growth and Russian Federation at 7.5 per cent.



Read more news:

Half the people in India want more 'mobile-free' time: Survey



Source: IANS
SPOTLIGHT
US Indian
An Indian-American teenager has been conferred with the 2019 National STEM (Science, Technolog..
Startup City
India Accelerator, a GAN partnered, mentorship-driven, acceleration program hosted ‘The Inner Ci..
Gadgets
Chipset-making giant Qualcomm has listed chipsets such as Snapdragon 855, 845, 710, 675 and 67..
Entertainment
First things first. "Made In Heaven" is the sexiest webseries India has produced, no doubt about i..
Finance
The Department of Telecommunications (DoT) in consultation with the Finance Ministry plans to spli..
Career
IIT Roorkee organized an MoU exchanging ceremony between the Govt. of India Department of Scie..
Technology
Facebook ruled out a cyber attack on its products Whatsapp, Instagram and Messenger, which suffere..
Enterprise IT
PayByPhone, the global leader in mobile parking payments, today announced that it will appoint And..
Business
Hinduja Global Solutions here on Monday said it has set up a centre of excellence to train disable..