India beat China, Russia and US in domestic market growth last year, says International Air Transport Association

The International Air Transport Association (IATA) has reported that Indian air passengers registered the fastest domestic passenger growth in the world last year.

"With annual growth of 18.8% (in a market of 80 million domestic passengers), India's performance surpassed that of Russia (11.9% growth, in a market of 47 million domestic passengers), China (9.7% growth, in a market of 394 million domestic passengers) and the United States (5.4% growth, in a market of 708 million domestic passengers)," stated the IATA release.

IATA recently released the 60th Edition of the World Air Transport Statistics (WATS), a yearbook that carries the annual performance of the airline industry.

As per the statistics of the report, airlines safely carried 3.6 billion passengers in 2015, which is equivalent to 48% of the Earth's population, while transporting 52.2 million tonnes of cargo worth around $6 trillion.

"In doing so, we supported some $2.7 trillion in economic activity and 63 million jobs," said Tony Tyler, IATA's Director General and CEO.

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