India’s domestic market registers a meagre 3% growth in March 2019 against last year

The International Air Transport Association (IATA) has declared that India’s domestic market rose just 3.1 per cent in March, down from February’s growth of 8.3 per cent.  These figures were part of the global passenger traffic results for March 2019, released by IATA, which shows that demand (measured in revenue passenger kilometers, or RPKs) rose 3.1 per cent, compared to the same month a year ago, which was the slowest pace for any month in nine years. The numbers are way against the scorching five-year average growth pace of close to 20 per cent per month.The slowdown comes in line with the reduction in flight operations of Jet Airways, which stopped flying in April, as well as disruptions at Mumbai airport owing to construction.

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