IATA: India emerging as important aviation market with increasing air passenger traffic
India`s domestic air travel has continued to grow robustly and as of February
India is fast emerging as a key global aviation market, according to the latest market analysis report of the International Air Transport Association (IATA).
India`s domestic air travel has continued to grow robustly and as of February, it was a mere 2.2 per cent shy of reaching pre-pandemic levels measured by passenger revenue kilometres (PRK).
The India domestic passenger market also led the rest of the domestic markets in the passenger load factor (PLF) metric in the report which includes the US, China and Japanese domestic markets.
It has been the top domestic market measured by PLF for the last four months achieving PLFs of 81.6 per cent in February, 85.2 per cent in January, 88.9 per cent in December 2022, and 87.9 per cent in November 2022.
