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India is Fastest Growing Aviation Market Globally

India is Fastest Growing Aviation Market Globally

The International Air Transport Association‘s industry performance statistics for 2015 reveal that India has the fastest domestic passenger growth, while airlines in the Asia-Pacific once again carried the largest number of passengers.

Aviation Week reports that the 60th edition of the World Air Transport Statistics  yearbook showed:

CountryAnnual GrowthDomestic Passenger Market
India18.8%80 million
Russia11.9%47 million
China  9.7%394 million
U.S.  5.4%708 million

 

Geographic AreaMarket Share of Passenger Traffic
Asia Pacific34% (1.2 billion)
Europe26.2%
North America24.8%
Latin America  7.5%
Middle East  5.3%

Last year airlines safely carried 3.6 billion passengers – the equivalent of 48 per cent of the Earth’s population—and transported 52.2 million tons of cargo worth around $6 trillion. In doing so, we supported some $2.7 trillion in economic activity and 63 million jobs,” said Tony Tyler, IATA’s director general and CEO.

Jet Airways

 

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