Indian domestic aviation market registered fastest growth in 2018

India registered the highest domestic passenger growth in the world at 18.6 percent YoY, followed by China at 11.7 percent, as per a report released by the International Air Transport Association.

In the report, IATA opined that the growth in the domestic market was seen in the Asian countries due to "robust economic expansion". It specifically highlighted India, which saw a double digit growth for the 50th consecutive month.

Apart from India and China, Russia registered a growth rate of 9 percent, followed by USA (5.5 percent) and Brazil (4.8 percent).

Directorate General of Civil Aviation had released December aviation numbers in early 2019 which said that Indian airlines flew 139 million domestic passengers in 2018. The airlines carried 13 million passengers in December against 11.2 in November 2018, rising by close to 13 percent (month-on-month).

Domestic passenger market had grown by 17.3 percent, 23.3 percent and 20.3 percent in 2017, 2016 and 2015 (Y-o-Y) respectively.

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