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Construction : Web Exclusive | April 2017 | Source : Infrastructure Today

India rises two spots, is 4th largest aviation market now

India's record breaking aviation growth continues unabated. The International Air Transport Association (IATA) has said that the country saw the fourth highest number of passengers taking off in 2016, up two places from the previous year, overtaking the UK and Brazil.

India had 13.1 crore passengers taking off — including domestic, international and connecting — last year. Globally, IATA says, 380 crore passengers took off last year (half domestic, 35 pper cent international and 15 per cent connecting), up from 350 crore in 2015. The top three markets — US, China and Japan — remained unchanged, but there was a shakeup below with India a part of this upheaval.

“The big movers on this year's rankings are the key emerging markets of India and Indonesia. India has jumped up two places to the fourth ranking with 13.1 crore departures in 2016 and, with growth of 20 per cent year-on-year, continues to close in fast on Japan. Just three years ago, India held the eighth ranking," said IATA. Indonesia also moved up two positions in 2016, to the sixth spot.

 
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