NEW DELHI: India has turned into the third biggest aviation market in regarding domestic passenger traffic, beating Japan, an industry report has said.
India’s domestic air passenger traffic remained at 100 million in 2016 and was behind just the US (719 million) and China (436 million), Sydney-based flying research organization Center for Asia Pacific Aviation (CAPA) said in its most recent report.
In its latest report CAPA suggests, India acquired the third spot globally by unseating Japan, which flew 97 million domestic passengers in 2016.
Domestic air traffic has shown a consistent growth of 20 to 25 per cent throughout 2015 and 2016, peaking in January this year at 25.13 per cent.
However, the domestic travel demand rose 16 per cent in February this year, finishing the long dash of more than 20 per cent.
As per CAPA, India which delighted in the fourth position as far as general air traveler movement (both local and worldwide) alongside the UK, has additionally crept nearer to turning into the third biggest one by March one year from now.
“India will turn into the third biggest market 2-3 years in front of what was anticipated. This is on account of the development has been substantially higher,” Kapil Kaul, head of CAPA India, said.
Japan, which flew 141 million travelers in 2016, was in front of India whose aggregate air traveler activity was 131 million in the earlier year, according to CAPA.
Joined States with 815 million travelers in 2016 appreciated the top position, trailed by China with 490 million, as per the report.
“While we will achieve the third spot for both local and universal air go in front of the anticipated period, we will stay at that position for quite a while in light of the fact that it won’t be anything but difficult to outperform China and the US,” Kaul said.
Earlier International Air Transport Association (IATA), a trade association of the world’s airlines has suggested in its passenger forecast that India will displace the UK in terms of becoming world’s third largest aviation market internationally as well by 2026.
An aviation market is defined by traffic to, from and within the country.