India records fastest growth
The India domestic market posted the fastest full year domestic growth rate for the fourth year in a row (18.6 per cent), according to an International Air Transport Association (IATA) report.
Domestic demand in India was underpinned by a robust economic expansion as well as by increasing number of domestic pairs. The country recorded its 50th consecutive month of double-digit annual growth in October.
While globally, domestic air travel climbed 7 per cent last year, which remained unchanged from the rate in 2017. All markets showed annual growth, led by India and China, which both posted double-digit annual increases, the report stated.