New Delhi: Air passenger market in India grew at the fastest pace globally in 2015, according to the reports of the International Air Transport Association (IATA) said.
India’s domestic air passenger growth at 18.8 per cent in 2015, way ahead of neighbouring Russia at 11.9 percent, China at 9.7 percent and US at 5.4 percent. Though, the number of domestic fliers in India stood at 80 million, compared to Russia’s 47 million, China’s 394 million and the US’s 708 million.
"With annual growth of 18.8 per cent (in a market of 80 million domestic passengers), India's performance surpassed that of Russia (11.9 per cent growth, in a market of 47 million domestic passengers)," it said in a release.
China witnessed 9.7 per cent growth in a market of 394 million domestic passengers while the US saw 5.4 per cent rise in a market of 708 million local fliers.
Last year, carriers flew 3.6 billion passengers on scheduled services, an increase of 7.2 per cent compared to 2014.
In terms of regional ranking - based on total passengers carried on scheduled services by airlines registered in that region, Asia-Pacific had 34 per cent market share followed by Europe (26.2 per cent) and North America (24.8 per cent), among others.
"Last year, airlines safely carried 3.6 billion passengers, the equivalent of 48 per cent of the Earth's population and transported 52.2 million tonnes of cargo worth around $6 trillion."
"In doing so, we supported some $2.7 trillion in economic activity and 63 million jobs," IATA's Director General and CEO Tony Tyler said.
American Airlines came on top in terms of total scheduled passengers carried, domestic as well as international. Others in the top five were Southwest Airlines, Delta Air Lines, China Southern Airlines and Ryanair in 2015.
(With PTI Inputs)
