Domestic air traffic demand fell by over 6 pc in Nov: IATA
Overall domestic air traffic demand in India "fell by 6.5 per cent, reflecting the slowing economy and sinking business confidence", the International Air Transport Association (IATA) said in its analysis of the latest global air traffic.
"Month-on-month traffic (in India) increased by 3.2 per cent, the second month of positive growth in a row. However, it is not clear if India has turned the corner as business fundamentals remain weak," the global traffic results said.
IATA said the Chinese demand grew 7.7 per cent and that in Japan by 4.4 per cent on a year-on-year basis. However, Japan witnessed a low passenger load factor of 67.3 per cent, "which was still the weakest for any market."
However, all Asia-Pacific carriers together experienced the strongest growth among the major regions, with demand up 6.2 per cent year-on-year, it said.
Noting that airlines in Asia-Pacific "experienced increased competition on long-haul markets" in international travel, IATA said continued improvement in the month-on-month growth "would be needed to determine a change in trend".
International air travel was 4.6 per cent higher compared to November 2011, up on the October result of 2.9 as passenger demand grew 5.6 per cent compared to the previous year.
However, the demand for air cargo in November "brought some positive signs for air transport demand",
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