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http://www.travelbizmonitor.com/india-worst-performing-domestic-air-traffic-country-iata-18572

India "worst performing" domestic air traffic country: IATA

November 30, 2012

The International Air Transport Association (IATA) has termed India is as the "worst performing" domestic air traffic country globally. IATA attributed the 12.4 per cent plunge in domestic air travel in October 2012 over last year to "the weakening economy and struggles" within the domestic airline industry. "Weakness in India, Japan and the US, stands in stark contrast to the strong growth experienced in China and Brazil," IATA's report on global traffic results for October said. Domestic air travel in November 2012 has fallen by 15.7 per cent over same month last year, IATA said.

Tony Tyler, Director General and CEO, IATA, said, "Slowing world trade and weak business confidence are affecting demand for air travel, while Hurricane Sandy delivered a concentrated punch to US domestic and North Atlantic travel. And its impact was felt globally. Airlines are managing the softer passenger demand environment by limiting capacity growth to keep load factors high."
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Nimish · Posted: Sat Dec 01, 2012 12:47 pm Post subject:

Already posted here - http://airlinersindia.s4.bizhat.com/viewtopic.php?p=120775
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