Aviation

India ranks third in domestic air passenger traffic growth: IATA

The domestic market of India continues to perform strongly, again registering double digit growth over the year to February, according to International Air Transport Association (IATA). China and Russia topped the growth chart with 11.4 per cent and 10.1 per cent year-on-year growth rates respectively. This marks the 54th consecutive month of double-digit domestic RPK growth for India. A generally solid economic backdrop, combined with continued growth in the number of airport pairs have all contributed to this sustained growth performance.

RPK is a measure of passenger volumes. The International Air Transport Association (IATA) said annual growth in industry-wide RPKs eased to 5.3 per cent in February, broadly in line with its long-run average rate of growth.

Noting that India and Russia also posted double-digit annual growth in February, the grouping said the two markets continue to perform strongly.

“For India, this marks the 54th consecutive month of double-digit domestic RPK growth. A generally solid economic backdrop combined with continued growth in the number of airport pairs have all contributed to this sustained growth performance,” it said.