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  1. India’s air traffic grows 8%, highest after China, Russia

India’s air traffic grows 8%, highest after China, Russia

The International Air Transport Association (IATA) on Friday said India’s air passenger...

By: | Mumbai | Published: February 7, 2015 12:59 AM

The International Air Transport Association (IATA) on Friday said India’s air passenger traffic grew 8% in 2014 over the previous year, the highest after China and Russia, even as global traffic rose 5.9%. The passenger carrying capacity, or average seat kilometers (ASK), of Indian carriers rose 5.7% in 2014 while load factor, or capacity utilisation, improved 76.3%. passenger volume improved 8%. According to IATA, the global industry outperformed the 10-year average growth rate of 5.6%. The biggest growth was recorded by China and Russia. Air passenger traffic in China rose 11%, driving global air travel performance up while travel demand in Russia grew 9.8 % during the period. Besides, Asia-Pacific carriers recorded an increase of 5.8 %, the maximum among the three biggest regions. Overall, a record 3.3 billion passengers boarded aircraft globally last year, an increase of 170 million from 2013.

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