India's domestic air traffic has grown 23.6% in September
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The domestic air passenger traffic in India grew by a whopping 23.6 per cent in September over the past year as against the global average of 7.2 per cent during the period, The demand in air travel in India was more than five times of the US air passenger growth, which stood at 4.6 per cent in September this year over the same period of 2015, according to a data by
The domestic demand climbed 7.2 per cent in September compared to September 2015, which was up from the 4.1 per cent year-on-year growth recorded in August with India and China continuing to experience a double-digit increase in their annual traffic.
However, the results elsewhere were decidedly mixed, IATA said and added that all markets except
At the same time, International traffic rose 6.9 per cent in September with airlines in all six regions --European, Asia Pacific, Middle East,
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The US domestic traffic resumed its healthy growth after a slowdown in July and August, rising 4.6 per cent in September year-over-year, while Japan's domestic traffic slid 0.7 per cent in September against a backdrop of weak consumer spending, IATA said.
"September's growth in passenger demand was healthy. Importantly, this rebound from August weakness suggests that travel demand is showing its resilience in the aftermath of terror attacks...
"And overall the industry is still vulnerable to being buffeted by rising geopolitical tensions, protectionist political agendas, and weak economic fundamentals," IATA Director General and Chief Executive Officer
"This will still be a good year for the airline industry's performance, but our profitability will continue to be hard-won," the IATA DG added.
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