With low fares and increased capacity provided by new airlines, India now witnesses the highest growth in domestic air traffic globally. The International Air Transport Association has pointed out that India's domestic passenger traffic demand grew the fastest as compared to seven major aviation markets in the world; Australia, Brazil, China, Japan, Russian Federation and the US. “India's domestic demand surged 18.3 % in August compared to a year ago, largely reflecting increases in service frequencies and economic strength,” IATA said.
The country's domestic traffic grew 28 % in July, 16.3 % in June, 18.2 % in May, 20.7 % in April and 17.9 % in March 2015. August's 18.3 % growth, though lower than the growth registered in July, was the fastest globally for the month. IATA's DG and CEO, Tony Tyler said, “August figures show continuation of the trend of strong demand for air travel, despite some softening in global economic growth, particularly in emerging markets. India was followed by China at 13.6% and the Russian Federation at 10.9%.
