Bengaluru: Air passenger traffic was up 8% in 2014 when compared to the 2013, growing only behind China and Russia. The growth in air passenger traffic can be attributed to the large number of low cost sales and first time fliers in India.
According to information released by air travel body, International Air Transport Association (IATA), the passenger carrying capacity as up 5.7% with 76.3% load factor. Indian carriers have been proactively announcing low fare sales in recent times despite mounting losses to capture market share in one of the fastest growing civil aviation markets in the world.
07/02/15 New Indian Express
According to information released by air travel body, International Air Transport Association (IATA), the passenger carrying capacity as up 5.7% with 76.3% load factor. Indian carriers have been proactively announcing low fare sales in recent times despite mounting losses to capture market share in one of the fastest growing civil aviation markets in the world.
07/02/15 New Indian Express
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