Indian airlines continues to soar

Indian domestic traffic jumped 16.3% in October
Indian domestic traffic jumped 16.3% in October

Demand for domestic flights in India surged again in October, continuing the sharp upswing in performance seen in recent months.

According to the latest monthly data from the International Air Transport Association (IATA), India’s domestic passenger traffic, measured in revenue passenger kilometres (RPK), surged 16.3% during the month.

This made India the strongest performer of all the ‘BRIC’ countries during October, outpacing the impressive growth rates in China (+10.0%), Brazil (+8.0%) and Russia (+6.1%). The monthly global average for domestic traffic growth was +5.8%.

And India’s growth was even more remarkable as it far exceeded Indian airlines’ capacity growth. Just 3.4% more domestic seats were made available in India in October 2014, which boosted airlines’ average cabin load factors to a healthy 77.4%. This remains slightly lower however, than the global domestic average of 81.1%.

The October result follows on from the +26.4% growth experienced by Indian airlines in September, and IATA said this continued double-digit growth “reflects market stimulation by local carriers”.

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