Nifty99000 100%

Sensex99000 100%

Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: 2.0
Article rating: 4.5
Article rating: No rating
RSS

News

India tops domestic air passenger traffic in September, China second: IATA

Author: IANS/Friday, November 3, 2017/Categories: Aviation

India tops domestic air passenger traffic in September, China second: IATA

New Delhi, Nov 3 - India's domestic passenger traffic was the highest among major aviation markets at 15.5% in September, followed by China and the Russian Federation, a global airline association said.

The International Air Transport Association (IATA), in its global passenger traffic data, revealed that India's domestic demand -- revenue passenger kilometres (RPK) -- was the highest among major aviation markets like Australia, Brazil, China, Japan, Russia and the US.

The IATA data showed that India's domestic RPK -- which measures actual passenger traffic -- rose by 15.5% in September compared with the corresponding month of the previous year.

India was followed by China (10.1%) and the Russian Federation at 7.3%.

In terms of capacity, India's domestic ASK -- which measures available passenger capacity -- climbed higher by 13.9% in September, followed by China's (10.7%) and Russian Federation's 7.2%.

"Domestic demand climbed 4.2% in September compared with September 2016, heavily affected by weather disruptions in the US market, which accounts for more than 40% of all domestic RPKs," IATA said.

"India and China continued to lead all markets with double-digit annual traffic increases while results were mixed elsewhere. Capacity rose 4.7% and load factor slipped 0.4 percentage points to 82.2%," it added.

The international passenger demand for September climbed 5.7% compared with the year-ago period.

In addition, the September capacity edged higher by 5.3% and load factor was up 0.3% at 81.6%.

"September's growth in passenger demand was healthy, notwithstanding the heavy impacts of extreme weather events on the Americas," said IATA Director General and Chief Executive Officer Alexandre de Juniac.

"Global economic conditions support rising passenger demand, but with higher cost inputs, the demand stimulation from lower fares has waned, suggesting a moderating trend in traffic growth," he added.

Print Rate this article:
No rating

Number of views (167)/Comments (0)

rajyashree guha

IANS

Other posts by IANS
Contact author

Leave a comment

Name:
Email:
Comment:
Add comment

Name:
Email:
Subject:
Message:
x

Videos

Ask the Finapolis.

I'm not a robot
 
Dharmendra Satpathy
Col. Sanjeev Govila (retd)
Hum Fauji Investments
 
The Finapolis' expert answers your queries on investments, taxation and personal finance. Want advice? Submit your Question above
Want to Invest
 
 

Categories

Disclaimer

The technical studies / analysis discussed here can be at odds with our fundamental views / analysis. The information and views presented in this report are prepared by Karvy Consultants Limited. The information contained herein is based on our analysis and upon sources that we consider reliable. We, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and we are not responsible for any loss incurred based upon it. The investments discussed or recommended in this report may not be suitable for all investors. Investors must make their own investment decisions based on their specific investment objectives and financial position and using such independent advice, as they believe necessary. While acting upon any information or analysis mentioned in this report, investors may please note that neither Karvy nor Karvy Consultants nor any person connected with any associate companies of Karvy accepts any liability arising from the use of this information and views mentioned in this document. The author, directors and other employees of Karvy and its affiliates may hold long or short positions in the above mentioned companies from time to time. Every employee of Karvy and its associate companies is required to disclose his/her individual stock holdings and details of trades, if any, that they undertake. The team rendering corporate analysis and investment recommendations are restricted in purchasing/selling of shares or other securities till such a time this recommendation has either been displayed or has been forwarded to clients of Karvy. All employees are further restricted to place orders only through Karvy Consultants Ltd. This report is intended for a restricted audience and we are not soliciting any action based on it. Neither the information nor any opinion expressed herein constitutes an offer or an invitation to make an offer, to buy or sell any securities, or any options, futures or other derivatives related to such securities.

Subscribe For Free

Get the e-paper free