Indian domestic passenger traffic witnessed an increase of 8.4 per cent in February as compared to the corresponding month in 2019, according to global airlines body IATA. This indicated that the impact of novel coronavirus was minimal on the country’s aviation sector.
According to the statement by the International Air Transport Association (IATA), “RPKs (revenue passenger kilometres) picked up in India (up by 8.4 per cent year-on-year) as local carriers boosted air travel demand by lowering airfares in the typically weak travel season”.
Around 300 airlines which account for 82 per cent of the global air traffic are represented by the IATA traffic. This measures passenger growth in terms of RPKs, which is calculated by multiplying the number of passengers with the distance travelled by them.
Although, RPKs witnessed a decrease of 14.1 per cent year-on-year in February around the world due to the coronavirus pandemic, the worst performance since the 9/11 terror attacks, the IATA said.
Source : IBEF
Image Courtesy: national
You may also like
-
GeM’s ₹8.69 Lakh Crore MSE Procurement Milestone: Digital Public Buying Becomes a Growth Engine for Small Enterprises
-
NHAI Brings Mechanized Drain Cleaning and Automated Pothole Repair to Strengthen National Highway Maintenance
-
Assam’s GI-Tagged Tezpur Litchi Reaches Dubai in a Major Boost for North East Agri Exports
-
India’s Space Economy: From ISRO Missions to a $45 Billion Growth Engine
-
SBI’s ₹8,813 Crore Dividend: India’s Largest Bank Strengthens the Public Exchequer