Nov 272015
 

largest passenger market

India is all set to displace UK and become the third largest aviation market globally, according to the International Air Transport Association (IATA).

The agency says that India is among the five fastest-increasing markets with 27.5 crore new passengers and has bounced back from a subdued 2014, witnessing a strong increase in domestic frequencies.

China is expected to overtake the United States as the world’s largest passenger market (defined by traffic to, from and within) by 2029.

Contributed By Sonia Narula

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