India beat all global markets in terms of domestic air traffic growth during the month of January, according to the International Air Transport Association, a global lobbying body.
Â“January traffic soared 26.6 per cent, marking the 15th consecutive month of 20 per cent-plus annual growth. Demand is being stimulated by strong flight frequency,Â” IATA said in a statement.
The fastest economic growth in the world, a growing middle class, rapid expansion by India’s carriers and the cheap airfares is pushing air traffic demand in India.
China’s domestic traffic growth was not far behind, up 23.2 per cent compared to January 2016. This was the strongest monthly growth since June 2010.
Japan grew by 3.5 per cent while Brazil contracted by 2 per cent. Domestic air traffic in Australia grew by 1.1 per cent, in Russia by 15.4 per cent and in the (domestic) US by 3.5 per cent.