Domestic aviation market grew 20% in 2015 – Feedback

With 81 million trips, India’s domestic aviation market grew 20.3 per cent in calendar 2015, compared to the previous year, according to the FICCI-KPMG India Aviation Report.

The report, which was released by Civil Aviation Minister P Ashok Gajapathi Raju on the second day of the India Aviation Show 2016 here on Thursday, also predicted that India is on its way to become the third largest aviation market by 2020. Among the growth drivers are increasing disposable incomes, fall in prices of aircraft turbine fuel, increase in tourism and visa reforms. The passenger traffic on international routes increased 6.5 per cent during the period. In comparison, international passenger throughput at Indian airports grew 7.7 per cent.

http://www.thehindubusinessline.com/todays-paper/tp-news/domestic-aviation-market-grew-20-in-2015-report/article8367408.ece

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