New Delhi: India's domestic air traffic surged almost 16 per cent in August despite "substantial volatility" in the overall growth rate and weak economic conditions, global airlines' body IATA said today.
Global passenger traffic results for August showed "a strengthening of the healthy demand trend of the last few months", with total revenue passenger kilometres (RPK) rising 6.8 per cent compared to August last year.
Increase in capacity, or the number of airplane seats made available, was lagging compared to the year-ago period, pushing the load factor to a record high of 83.4 per cent, set in July 2011, the International Air Transport Association (IATA) said in its latest analysis.
"Indian domestic traffic surged 15.7 per cent in August compared to a year ago. There has been substantial volatility in growth rates in recent months but year-to-date growth of 2.8 per cent confirms that demand has been weak overall, consistent with weakening economic conditions," it said.
Read news in full 03/10/13 PTI/Economic Times
Sunday, 6 October 2013
India's domestic air traffic rose 16% in August: IATA
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