New Delhi: Driven by a strong passenger traffic growth, India is poised to become one of the largest aviation markets in the world, according to a global body of airports.
The Airports Council International (ACI) said that major commercial airports in China, India and Korea remained the major driving forces for the robust air passenger growth in the Asia-Pacific region.
"India is also poised to be one of the largest aviation markets in the world in the years to come.
"The combination of a move towards a more liberalised market for aviation, coupled with stronger economic fundamentals, helped the country become one of the fastest- growing markets in the world," ACI said in a release.
In June, passenger traffic grew 9.9 per cent in the Asia-Pacific region, higher than 8.8 per cent year-to-date growth rate.
As per ACI, international and domestic passenger traffic were strong during the first half of 2016 at 10.1 per cent and 8.2 per cent, respectively.
"Major commercial airports in China, India and Korea remained the major driving forces for the robust air passenger growth in the region (+12.1 per cent, +17 per cent and +14.1 per cent, respectively)," the release said.
To Read the News in Full 25/08/16 PTI/Business Today
The Airports Council International (ACI) said that major commercial airports in China, India and Korea remained the major driving forces for the robust air passenger growth in the Asia-Pacific region.
"India is also poised to be one of the largest aviation markets in the world in the years to come.
"The combination of a move towards a more liberalised market for aviation, coupled with stronger economic fundamentals, helped the country become one of the fastest- growing markets in the world," ACI said in a release.
In June, passenger traffic grew 9.9 per cent in the Asia-Pacific region, higher than 8.8 per cent year-to-date growth rate.
As per ACI, international and domestic passenger traffic were strong during the first half of 2016 at 10.1 per cent and 8.2 per cent, respectively.
"Major commercial airports in China, India and Korea remained the major driving forces for the robust air passenger growth in the region (+12.1 per cent, +17 per cent and +14.1 per cent, respectively)," the release said.
To Read the News in Full 25/08/16 PTI/Business Today
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