India dominates domestic airline growth chart

IATA logoAccording to IATA, India has topped the domestic growth chart for the 11th consecutive month with a 22.7 per cent year-on-year traffic growth in October, supported by significant growth in real consumer spending and increases in the number of airport pairs served.
Asia-Pacific airlines’ traffic rose 7 per cent in October compared to the year-ago period. Capacity rose 7.1 per cent and load factor dipped 0.1 percentage point to 76.9 per cent. The strong upward trend in seasonally-adjusted traffic has slowed in recent months, although it is too soon to determine whether this is an actual weakening or just a brief pause. On the other hand, the Asia-to-Europe market, which is highly sensitive to shock events, is continuing to recover.

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