India's July RPK (Revenue Passenger Kilometre) growth at 8.9% was higher than what was observed in June this year at 8.2%
The market has not yet returned to the double-digit growth rates that were the norm in the past 4-5 years: IATA
New Delhi: At a time when the global air passenger growth is decreasing, Indian domestic air passenger market clocked an 8.9% growth in July this year when compared to the same month last year, international airlines body IATA said on Friday.
Moreover, India's July RPK (Revenue Passenger Kilometre) growth at 8.9% was higher than what was observed in June this year at 8.2%.
"Yet it seems to be adjusting well to the disruption caused by the demise of Jet Airways; capacity is also back on track (7.1% year-on-year in July vs 3.4% in June)," it added.
The full-service carrier Jet Airways had shut down its operations on April 17 this year due to a lack of funds. This led to a sudden decrease in total number of flights in India, leading to a decrease in passenger growth.
IATA represents some 290 airlines, comprising 82% of the global air traffic.