India, China to account for nearly half of air passenger growth in two decades, says IATA

India and China are projected to account for nearly half of the air passenger growth worldwide over the next two decades, with travellers coming from all walks of life, according to global airlines’ grouping IATA.

With more number of people making air travel, India was one of the fastest growing domestic aviation markets in the world for nearly five years continuously. However, the growth turned negative in April mainly due to flight cancellations and subsequent grounding of full service carrier Jet Airways.

Brian Pearce, Chief Economist at the International Air Transport Association (IATA), Sunday said the negative growth in the Indian market was temporary and that the market would expand as Indians want to travel more.