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India's June domestic air traffic demand up 7.9%: IATA

According to the International Air Transport Association (IATA), India's domestic air passenger volume -- measured in revenue passenger kilometres (RPKs) -- was the third-highest among the major aviation markets such as Australia, Brazil, China, Japan, Russia and the US.

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Published : Aug 9, 2019, 7:31 PM IST

New Delhi: The Indian civil aviation sector is showing signs of recovery months after the grounding of Jet Airways with domestic air passenger traffic demand grew 7.9 per cent in June, a global airline association said.

According to the International Air Transport Association (IATA), India's domestic air passenger volume -- measured in revenue passenger kilometres (RPKs) -- was the third-highest among the major aviation markets such as Australia, Brazil, China, Japan, Russia and the US.

India's domestic RPK in June rose by 7.9 per cent as compared to the corresponding month of the previous year.

In the period under consideration, India's domestic passenger traffic growth was preceded by that of China at 8.3 per cent and Russia at 10.3 per cent.

Read more:Five ways J&K, Ladakh can benefit from scrapping special status

The country's domestic available passenger capacity -- measured in available seat kilometres (ASKs) -- stood higher by 3.1 per cent in June, followed by China at 8.9 per cent and Russia at 9.8 per cent.

"The domestic India market has proven resilient in the face of the demise of Jet Airways earlier in the year," IATA said in its global passenger traffic results for June 2019.

"Growth in domestic RPKs have recovered strongly, lifting to a 7.9 per cent year-on-year pace in June, as the remaining carriers moved quickly to fill the gap created by the loss of a competitor and to meet the customer demand," it added.

New Delhi: The Indian civil aviation sector is showing signs of recovery months after the grounding of Jet Airways with domestic air passenger traffic demand grew 7.9 per cent in June, a global airline association said.

According to the International Air Transport Association (IATA), India's domestic air passenger volume -- measured in revenue passenger kilometres (RPKs) -- was the third-highest among the major aviation markets such as Australia, Brazil, China, Japan, Russia and the US.

India's domestic RPK in June rose by 7.9 per cent as compared to the corresponding month of the previous year.

In the period under consideration, India's domestic passenger traffic growth was preceded by that of China at 8.3 per cent and Russia at 10.3 per cent.

Read more:Five ways J&K, Ladakh can benefit from scrapping special status

The country's domestic available passenger capacity -- measured in available seat kilometres (ASKs) -- stood higher by 3.1 per cent in June, followed by China at 8.9 per cent and Russia at 9.8 per cent.

"The domestic India market has proven resilient in the face of the demise of Jet Airways earlier in the year," IATA said in its global passenger traffic results for June 2019.

"Growth in domestic RPKs have recovered strongly, lifting to a 7.9 per cent year-on-year pace in June, as the remaining carriers moved quickly to fill the gap created by the loss of a competitor and to meet the customer demand," it added.

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BIZ-M&M PRODUCTION CUT
M&M to suspend production for 8-14 days in Q2 across plants
         New Delhi, Aug 9 (PTI) Homegrown auto major Mahindra & Mahindra (M&M) said on Friday that it will be suspending automobile production for 8-14 days in the ongoing quarter in various plants to align production with demand.
          The company at its automotive sector, and Mahindra Vehicle Manufacturers Ltd, a wholly owned subsidiary, as part of aligning production with sales requirements, would be observing 'no production days' in various plants, M&M said in a regulatory filing.
          The production suspension will be for 8-14 days during the second quarter of 2019-20, it added.
          The company's announcement of production suspension comes at a time when the domestic auto industry has been going through one of the longest sales slumps.
          In April-July, M&M's total domestic vehicles sales dipped 8 per cent to 1,61,604 units as against 1,75,329 units in the year-ago period.
          Overall sales of the company, including exports, were also down 8 per cent during the period at 1,71,831 units as compared to 1,87,299 units in April-July period of the last fiscal.
          "The management does not envisage any adverse impact on availability of vehicles in the market due to adequacy of vehicle stocks to serve the market requirements," it added.
          In July, the company's domestic sales declined 16 per cent at 37,474 units as against 44,605 units in the same month last year. PTI RKL
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