India
has become the third largest aviation market in terms of domestic air traffic beating
Japan. Sydney-based aviation think-tank Centre for Asia Pacific Aviation said
in its latest report that India’s domestic air passenger traffic stood at 100
million in 2016 and was behind only the US and China with 719 million and 436
million.
Domestic
air traffic has shown a consistent growth of 20-25 per cent throughout 2015 and
2016, peaking in January this year at 25.13 per cent.
However, the domestic travel demand rose 16 per cent in February this year ending the long streak of over 20 per cent.
However, the domestic travel demand rose 16 per cent in February this year ending the long streak of over 20 per cent.
According
to CAPA, India which enjoyed the fourth position in terms of overall air passenger
traffic (both domestic and international) along with the UK, has also inched
closer to becoming the third largest one by March next year.
Japan,
which flew 141 million passengers in 2016, was ahead of India whose total air
passenger traffic was 131 million in the previous year, as per CAPA.
United States with
815 million passengers in 2016 enjoyed the top position, followed by China with
490 million, according to the report.
Kapil Kaul said we
will reach the third spot for both domestic and international air travel ahead
of the projected period, we will remain at that position for a very long time
because it will not be easy to surpass China and the U.S.
Formerly
International Air Transport Association (IATA), a trade association of the
world's airlines has suggested in its passenger forecast that India will
displace the UK in terms of becoming world's third largest aviation market
internationally as well by 2026.
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