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Domestic passenger traffic slips to 1.6% in Sept: IATA
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SME Times News Bureau | 08 Nov, 2019
Weak economic activity, along
with subdued private consumption eased India's year-on-year domestic air
passenger traffic growth rate to 1.6 per cent in September from 4.5 per
cent observed in August.
According to the International Air
Transport Association (IATA), India's domestic air passenger volume --
measured in revenue passenger kilometres (RPKs) -- was the lowest among
the major aviation markets such as Australia, Brazil, China, Japan,
Russia and the US.
In the period under consideration, India's
domestic passenger traffic growth was preceded by that of Japan at 10.1
per cent, China at 8.9 per cent, the US at 6 per cent, Russia at 3.2 per
cent, Australia at 1.8 per cent and Brazil at 1.7 per cent.
The
country's domestic available passenger capacity -- measured in available
seat kilometres (ASKs) -- contracted by (-) 0.4 per cent in September.
"Following
a sustained period of double-digit year-on-year growth between 2015 and
2018, the pace has slowed significantly throughout 2019 amidst weaker
economic activity, subdued private consumption and the Jet Airways
bankruptcy which disrupted the market earlier this year," IATA said in
its global passenger traffic results for September 2019.
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