India's domestic air passenger traffic grew by 27% in March: IATA

India's domestic air passenger traffic grew more than six times of the US' domestic travel demand in March, according to International Air Transport Association (IATA).

The IATA passenger traffic data, released today, for the month of March 2016 shows a growth of 27.4 per cent in India which is over six times more than the growth of the second highest market--the US at 4.1 per cent.Globally, the overall domestic demand rose 3.7 per cent in March this year compared to March 2015, driven primarily by performance in the two largest markets, the US--which accounts for two of every five domestic passengers--and China, it said.However, India accounted for only 1.2 per cent in the over all global domestic traffic.According to IATA, March performance shows a moderate slowdown on the year-on-year growth rates recorded in January (7.2 per cent) and February (8.6 per cent) even after adjusting for the leap-year impact in February.

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