Aviation Industry

India rises two spots to become the 4th largest aviation market


India’s recordbreaking aviation growth continues unabated. The International Air Transport Association (IATA) on Monday said the country saw the fourth highest number of passengers taking off in 2016, up two places from the previous year overtaking UK and Brazil.
India had 13.1 crore passengers taking off – including domestic, international and connecting – last year. Globally, IATA says, 380 crore passengers took off last year (half domestic, 35% international and 15% connecting), up from 350 crore in 2015. The top three markets – US, China and Japan remained unchanged but there was a shakeup below with India a part of this upheaval.
“The big movers on this year’s rankings are the key emerging markets of India and Indonesia. India has jumped up two places to the fourth ranking with 13.1 crore departures in 2016 and, with growth of 20% year-on-year, continues to close in fast on Japan. Just three years ago India held the eighth ranking,” said IATA. Indonesia also moved up two positions in 2016, to the sixth spot…

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Fuente: http://timesofindia.indiatimes.com/business/india-business/india-rises-two-spots-to-become-the-4th-largest-aviation-market/articleshow/58119287.cms

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