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Domestic Air Traffic Reports Negative Growth, Worst in Years
May 31, 2019
This Wednesday, global airlines’ grouping International Air Transport Association (IATA) said that a negative growth rate was registered by India’s domestic air traffic in April which is the worst ever in the past 5 years. It attributed the poor performance to the demise of domestic airline Jet Airways.
IATA said that after enjoying an impressive double-digit Revenue Passenger Kilometer (RPK) growth over a sustained period, India registered its first negative growth in the domestic market in the past 5 years.
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