All domestic passenger markets showed improvement on a year ago except India. Air travel in China continues to expand strongly, with November demand 7.7% higher than a year ago. In India, weakening economic conditions and reduced available capacity continue to dampen domestic air travel, with the market 6.5% down in November compared to a year ago.
This is the second month of increase, after a period of continued decline since late 2011. It is not clear if this is a turning point in the negative trend, since the fundamentals do not support the change, so coming months of data will be telling as to the direction the market is moving.
Source: IATA.org
Sign up for the Daily Briefing
Get the latest news and updates straight to your inbox
Up Next
