India Grabs Third Position In Aviation Market

March 27, 2017 18:28
India Grabs Third Position In Aviation Market

As per the reports of the Sydney-based Center for Asia Pacific Aviation (CAPA), India, has secured the third position in the aviation market globally, in terms of domestic air passenger traffic.

In 2016, domestic, passenger traffic, of India stood at 100 million, whereas Japan’s was 97 million.

US, with 719 million and China, with 436 million, are the two only nations ahead of India in this aviation sector.

Currently, India is in the fourth position, in terms of overall air passenger traffic (both domestic and international), according to CAPA.

Moreover, India is expected to become the third largest one by March 2018.

Head of CAPA, India, said, “the country will become the third largest market, in two-three years, of what was projected.”

This is because the growth has been much higher.

“We will remain in this position for a very long time because it will not be easy to surpass China and the US, till we reach, the third spot for both domestic and international air travel ahead of the projected period, said the Head of CAPA.

By Supraja

If you enjoyed this Post, Sign up for Newsletter

(And get daily dose of political, entertainment news straight to your inbox)

Rate This Article
(0 votes)
Tagged Under :
India  Air Traffic  Indian Airlines  Airways  Japan  CAPA