New Delhi: Continuing its dominant position in the domestic travel demand for the 14th consecutive month, India's air passenger traffic surged 21 per cent in May over the corresponding period of last year.
Demand for domestic traffic rose 5.1 per cent, outpacing international demand growth of 4.3 per cent in May 2016 according to the data released by International Air Traffic Association (IATA).
As against this India's domestic air traffic grew 21 per cent, it said.
The overall traffic growth (domestic and international), however, rose 4.6 per cent in May this year over May 2015 with the demand getting impacted due to recent terrorist strikes and UK's decision to opt out of the European Union.
"After a very strong start to the year, demand growth is slipping back toward more historic levels. A combination of factors is likely behind this more moderated pace of demand growth. These include continuing terrorist activity and the fragile state of the global economy. Neither bode well for travel demand. And the shocks of Istanbul and the economic fallout of the Brexit vote make it difficult to see an early uptick," IATA Director General and Chief Executive Officer Tony Tyler said.
India, which is the fastest growing aviation market currently, had logged 21.8 per cent growth in domestic traffic in April, 2016.
09/07/16 PTI/NDTV
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Demand for domestic traffic rose 5.1 per cent, outpacing international demand growth of 4.3 per cent in May 2016 according to the data released by International Air Traffic Association (IATA).
As against this India's domestic air traffic grew 21 per cent, it said.
The overall traffic growth (domestic and international), however, rose 4.6 per cent in May this year over May 2015 with the demand getting impacted due to recent terrorist strikes and UK's decision to opt out of the European Union.
"After a very strong start to the year, demand growth is slipping back toward more historic levels. A combination of factors is likely behind this more moderated pace of demand growth. These include continuing terrorist activity and the fragile state of the global economy. Neither bode well for travel demand. And the shocks of Istanbul and the economic fallout of the Brexit vote make it difficult to see an early uptick," IATA Director General and Chief Executive Officer Tony Tyler said.
India, which is the fastest growing aviation market currently, had logged 21.8 per cent growth in domestic traffic in April, 2016.
09/07/16 PTI/NDTV
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