SME Times is powered by   
Search News
Just in:   • Sensex, Nifty end 1 pc higher as IT, financial stocks rally  • India, Australia sign energy security agreement, pave way for uranium trade  • Indian markets trade higher in early deals despite renewed geopolitical tensions  • India, Costa Rica to boost economic ties as bilateral trade grows to $391 million  • Sensex, Nifty trade higher in early deals amid positive global cues 
Last updated: 06 Dec, 2018  

Flight.9.thmb.jpg Domestic air traffic grows in double digit for 50th month

Flight.9.jpg
   Top Stories
» Sensex, Nifty end 1 pc higher as IT, financial stocks rally
» India, Australia sign energy security agreement, pave way for uranium trade
» Indian markets trade higher in early deals despite renewed geopolitical tensions
» Sensex, Nifty trade higher in early deals amid positive global cues
» Defence PSU stocks rally up to 3 pc after Rs 52,000 crore procurement nod
IANS | 06 Dec, 2018
India's domestic air passenger traffic grew in double digit for the 50th consecutive month in October, a global airline association said on Thursday.

The International Air Transport Association (IATA) said that India's domestic air passenger volume, measured in revenue passenger kilometres (RPK), was the highest amongst major aviation markets like Australia, Brazil, China, Japan, Russia and the US.

"India posted its 50th consecutive month of double-digit growth (15 per cent). While this was a slowdown from 19.6 per cent in September, the strong upward trend in traffic remains in place," IATA said in its air passenger market analysis for October 2018.

"This is being supported by structural changes, including ongoing rises in living standards, as well as large increases in the number of airport connections within the country. The latter translates into time savings and has a similar stimulatory impact on demand as reductions in fares."

India's domestic RPK in the month under review rose 15 per cent compared to the corresponding month of the previous year.

India's domestic passenger traffic growth was followed by that of China at 12.2 per cent and Russia at 11.7 per cent.

In terms of capacity, India's domestic available seat kilometres (ASK) -- which measures available passenger capacity -- stood higher by 17.4 per cent in October, than that of China's 11.1 per cent and Russia's 8.8 per cent
 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
₹95.3
₹93.6
UK Pound
₹127.7
₹123.7
Euro
₹110.65
₹106.9
Japanese Yen ₹59.75 ₹57.9
As on 24 Jun, 2026
  Daily Poll
What’s your biggest challenge with the 45-day payment rule?
 Corporates canceling our orders
 Clients demanding longer credit anyway
 Strained business relationships
 Filing complaints kills future work
 No issues, cash flow has improved
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter