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India fastest growing domestic air travel market in 2015

Friday, 8 July 20163 min read
India fastest growing domestic air travel market in 2015
India was the fastest growing domestic aviation market in the world in 2015, says the International Air Transport Association.
IATA data said growth in India reached 18.8% last year, almost double the growth rate of China.
According to the just released 60th annual edition of the World Air Transport Statistics yearbook India has a market of approximately 80 million domestic passengers.
Airlines carried the largest number of passengers into and within the Asia-Pacific region, IATA said.
At a global level, Asia Pacific had 34% market share, followed by Europe at 26.2% percent and North America’s 24.8 %.
"Last year airlines safely carried 3.6 billion passengers—the equivalent of 48%of the Earth’s population—and transported 52.2 million tonnes of cargo worth around $6 trillion. In doing so, we supported some $2.7 trillion in economic activity and 63 million jobs," said IATA director general Tony Tyler.