Domestic aviation growth dips sharply in India to 3.1% year-on-year: IATA

Year-on-year RPK growth slowed substantially in the domestic India market in March 2019, from 8.3 per cent in February, to 3.1 per cent currently, according to International Air Transport Association (IATA). Over the past five years, annual growth has averaged a double-digit pace close to 20 per cent. In large part, the slowdown reflects the disruption of flight operation for Jet Airways, including a number of flight cancellations, as well as construction works at Mumbai airport which also interrupted operations. Rising airfares in recent months are also likely to have weighed upon passenger demand.