After more than four years of double digit expansion, the market's RPK growth slowed sharply (5.1 per cent in 2019 vs 18.9 per cent in 2018) amidst the Jet Airways bankruptcy and weakening economic activity," said a statement issued by the International Air Transport Association (IATA).
After four years of double-digit growth, the Indian domestic passenger traffic rose by just 5.1 per cent in 2019, down from 18.9 per cent in 2018, global airlines body IATA said on Thursday. "2019 was challenging for air travel in the domestic India market.
After more than four years of double digit expansion, the market's RPK growth slowed sharply (5.1 per cent in 2019 vs 18.9 per cent in 2018) amidst the Jet Airways bankruptcy and weakening economic activity," said a statement issued by the International Air Transport Association (IATA).
IATA, which represents around 290 airlines comprising 82 per cent of global air traffic, measures passenger growth in revenue passenger kilometres (RPKs), which is calculated by multiplying the number of passengers to the distance travelled by them.
