About India's November Passenger Demand Up 25 Pct: IATA

NEW DELHI: Global airlines’ association reported that India's domestic passenger demand grew by 25.1 percent in November 2015, the fastest amongst major aviation markets of the world.

According to the International Air Transport Association (IATA), India's passenger traffic demand grew the fastest amongst the seven major aviation markets of the world.

India was followed by the U.S., China, Australia, Japan, Russian Federation and Brazil.

During November, India's 25.1 traffic demand growth was followed by the U.S. at 9.1 percent and the Australia at 1.9 percent.

In sequential terms, the country's domestic passenger demand rose by 17.6 percent in October and 13.2 percent in September.

The country's domestic traffic spiked by 18.3 percent in August, 28 percent in July, 16.3 percent in June, 18.2 percent in May, 20.7 percent in April and 17.9 percent in March 2015.

India's domestic capacity in the month under review rose by 19.8 percent and load factor stood at 83.6 percent, when compared to November 2014.

According to IATA, India's domestic demand soared owing to significant increases in service frequencies and improvements in economic growth.

"India's strong results reflect notable increases in service frequencies, ongoing economic strength and the timing of the Diwali holiday, which occurred in October in 2014," IATA said in its global passenger traffic results for November.

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