Domestic air traffic grows due to promotional fares

Mumbai: Promotional fares introduced by airlines on throw away prices catapulted a growth in domestic traffic, states a recent report by the Centre for Asia pacific Aviation (CAPA). The report states that the robust growth in domestic traffic though came at a heavy cost to the balance sheet of the airlines.
In August, there was an year-on-year growth of 20% in domestic traffic. The trend continued with 13% growth in September . The major metro airports, according to CAPA, have registered a growth of 12-14% in international traffic too. The growth in domestic traffic has been about 14%. Delhi airport reported the highest growth of about 18% for international traffic and 20.5% in domestic traffic. Delhi was followed by Mumbai with the latter reporting a growth of about 19% in international traffic. Cochin airport reported a strong growth of 19% in both international and domestic sectors.
Read news in full 24/10/13 Chinmayi Shalya/Times of India