India is third largest aviation market

Q.  India has become the third largest aviation market beating which country?
- Published on 27 Mar 17

a. US
b. China
c. Japan
d. UK

ANSWER: Japan
 
India is third largest aviation marketIndia has become the third largest aviation market in terms of domestic passenger traffic, beating Japan, a CAPA industry report held.

India's domestic air passenger traffic stood at 100 million in 2016 and was behind only the US (719 million) and China (436 million).

This is as per Sydney-based aviation think-tank Centre for Asia Pacific Aviation (CAPA) in its latest report.

India acquired the third spot globally by unseating Japan, which flew 97 million domestic passengers in 2016, CAPA said.

Domestic air traffic has shown a consistent growth of 20 -25 percent throughout 2015 and 2016, peaking in January this year at 25.13 percent.

However, the domestic travel demand rose 16 per cent in February this year, ending the long streak of over 20 per cent.

According to CAPA, India which enjoyed the fourth position in terms of overall air passenger traffic (both domestic and international) along with the UK, has also inched closer to becoming the third largest one by March 2018.

Japan, which flew 141 million passengers in 2016, was ahead of India whose total air passenger traffic was 131 million in the previous year, as per CAPA.

United States with 815 million passengers in 2016 enjoyed the top position, followed by China with 490 million, according to the report.

CAPA: Know More
  • Established in 1990, CAPA - Centre for Aviation is the leading provider of independent aviation market intelligence, analysis, reports and data services.
  • It is covering worldwide developments on a daily basis.
  • They provide an extensive range of information services developed by our global team of writers and analysts covering the entire spectrum of commercial aviation.
  • CAPA Members receive unrivalled industry analysis and a customised selection of over 350 daily news articles, as well as online access to comprehensive industry data and company profiles.
  • CAPA also produces Airline Leader – the bi-monthly strategy journal distributed to 25,000 industry leaders globally and a range of reports
  • CAPA also runs C-level aviation and corporate travel summits in key markets around the world, bringing together the key stakeholders of the global commercial aviation industry.

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