Indian domestic passenger traffic hits 11.3% growth in November: IATA
PTI, Jan 10, 2020, 1:28 PM IST
New Delhi: Reaching double digits for the first time since January 2019, domestic passenger traffic growth in India jumped to 11.3 per cent in November as compared to the corresponding month of 2018, said global airlines body IATA on Thursday.
“However, economic growth (in India) in the third quarter was the weakest in around six years amid a broad-based slowdown that is affecting many sectors of the economy. This will present a more challenging environment for the industry going forward,” said a statement issued by the International Air Transport Association (IATA).
IATA, which represents around 290 airlines comprising 82 per cent of global air traffic, measures passenger growth in revenue passenger kilometres (RPKs), which is calculated by multiplying the number of passengers to the distance travelled by them.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Rahul turns heat on BJP govt in Karnataka, Yatra gets festive response in Mysuru
Mangaluru: Mangaladevi, Narayan Guru circles inaugurated
Siddaramaiah-led govt withdrew cases against PFI workers: Ashoka
Related Articles More
Sebi penalises 10 entities for diverting IPO proceeds in Birla Pacific Medspa case
Sandeep Kumar Gupta takes over as GAIL Chairman
Govt to approach capital market this month to raise Rs 2,500 cr for three road projects
Gone with the loan: Indian ‘travel-philes’ bank big on ‘travel now, pay later’
Karnataka Bank launches ‘KBL Utsav’ loan campaign