Friday, December 16, 2016

At 22%, domestic air travel grows highest ever in Nov

Demonetisation may have slowed down most businesses but not domestic air travel — at least for now. November saw almost 90 lakh people (89.6 lakh) flying within the country — highest ever number in a single month. "Allaying all growth fears, domestic passenger traffic has again clocked record growth of 22.4% YoY in the demonetisation month of November 2016," aviation minister A G Raju tweeted on Thursday. In November 2015, 73.2 lakh people flew within the country.
Some airlines say the government move to allow people to buy tickets from airport counters using old Rs 500 and Rs 1000 notes till December 2 contributed significantly to this number. People had also made advance bookings from October to mid-January to attend marriages and festivals.
But officials across airlines say domestic business will dip from mid-January when lean season kicks in. "The mood is very subdued and expense on travel is the first to be cut in such times. We are not seeing encouraging advance sales for post January 10 period," said a senior airline official.
16/12/16 Saurabh Sinha/The Times Of India
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