India clinches highest air passenger growthDefault, IATA — By admin on September 21, 2011 at 6:33 am
India recorded the highest domestic passenger growth this July at over 20 % followed by Brazil at about 18 %, though the growth was slower for international air traffic. “Brazil and India recorded the highest growth rates of 17.8 % and 20.6 % respectively. Both were stronger than June’s performance,” the International Air Transport Association (IATA) announced in its traffic results which showed that the global passenger travel was up 5.9 % over the same period last year. However, in most other countries, domestic air travel demand remained “much more sluggish than that for international travel”. American domestic market, which represents half the world market, grew 2.1 % compared to July 2010, while China, with the second biggest domestic market (18 % of the world), “slowed abruptly” to just a 5.1 % rise. In the international market, Asia-Pacific carriers had a capacity increase of 5.8 % which exceeded the demand growth of 4.9 %. “Airlines in the (Asia-Pacific) region are still adjusting to two major challenges — slower growth in China and continuing post-earthquake/tsunami weakness in Japan”, the IATA said, adding that passenger load factors fell slightly to 80.2 per cent. In the freight market, Asia-Pacific carriers continued to “show the weakest freight performance” with a 3.6 % decline compared to July last. Middle East and Latin American carriers showed the strongest performance with gains of 8.4 and 8.2 % respectively, the figures showed.