New Delhi: The International Air Transport Association (IATA) Friday reported that India's domestic passenger traffic increased by 12.5 percent in December 2014.
The country's domestic traffic had spiked 14.2 percent in November and by 16.3 percent in October.
India's domestic capacity in the month under review rose marginally 0.4 percent when compared to December, 2013.
According to IATA, for the full year 2014, Indian domestic passenger traffic grew by eight percent.
India's domestic passenger growth rate has been attributed to many factors including a revived confidence over the new business-supportive government, generation of strong demand owing to market stimulation measures introduced by airlines.
For full year 2014 global passenger traffic demand increased 5.9 percent compared to the full year of 2013. In December the passenger traffic growth stood at 6.1 percent.
06/02/15 IANS/Business Standard
The country's domestic traffic had spiked 14.2 percent in November and by 16.3 percent in October.
India's domestic capacity in the month under review rose marginally 0.4 percent when compared to December, 2013.
According to IATA, for the full year 2014, Indian domestic passenger traffic grew by eight percent.
India's domestic passenger growth rate has been attributed to many factors including a revived confidence over the new business-supportive government, generation of strong demand owing to market stimulation measures introduced by airlines.
For full year 2014 global passenger traffic demand increased 5.9 percent compared to the full year of 2013. In December the passenger traffic growth stood at 6.1 percent.
06/02/15 IANS/Business Standard
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