Tag Archives: high growth

With annual growth of 18.8 per cent (in a market of 80 million domestic passengers), India’s performance surpassed that of Russia (11.9 per cent growth, in a market of 47 million domestic passengers), China (9.7 per cent growth, in a market of 394 million domestic passengers) and the United States (5.4 per cent growth, in a market of 708 million domestic passengers), as per International Air Transport Association’s (IATA) industry performance statistics for 2015. This information was included in the recently released 60th Edition of the World Air Transport Statistics (WATS), the yearbook of the airline industry’s performance. “Last year airlines safely carried 3.6 billion passengers— the equivalent of 48% of the Earth’s population—and transported 52.2 million tonnes of cargo worth around $6 trillion. In doing so, we supported some $2.7 trillion in economic activity and 63 million jobs,” said Tony Tyler, IATA’s Director General and CEO. Airlines in the Asia-Pacific region once again carried the largest number of passengers with a 34 per cent market share (1.2 billion passengers) registering an increase of 10 per cent compared to the region’s passengers in 2014.

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