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India defeats Japan to become 3rd largest aviation market

India, aviation market, air passenger, Domestic traffic, International traffic, Business newsPhoto of different flights of Indian domestic airlines.

New Delhi: India today defeated Japan to become the third largest aviation market in terms of domestic passenger traffic.

Sydney-based aviation think-tank Centre for Asia Pacific Aviation (CAPA) said in its latest report, India’s domestic air passenger traffic stood at 100 million in 2016 and was only behind the US (719 million) and China (436 million).

 

 

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

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

 

 

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 next year.

 

 

Head of CAPA India, Kapil Kaul said, “India will become the third largest market 2-3 years ahead of what was projected. This is because the growth has been much higher.”

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.

Kaul said, “While we will reach the third spot for both domestic and international air travel ahead of the projected period, we will remain at that position for a very long time because it will not be easy to surpass China and the US.”