India To Overtake United Kingdom In World Aviation Market Ranking

India To Overtake United Kingdom In World Aviation Market Ranking

India, which is now the ninth largest Aviation MARKET in the world, will overtake the UK to take the third position in over 15 years, after China and the United States, global Airlines body IATA said today.

India would be among the top five fastest growing MARKETS in terms of adding more passengers every year, the first IATA projection for the next two decades showed.

Currently the ninth largest MARKET, India will see a total of 367 million passengers by 2034,an extra 266 million annual passengers compared to today. It will overtake the United Kingdom to become the third largest market around 2031,a report of the International Air Transport Association (IATA) released today showed.

By 2034, the five fastest increasing MARKETS in terms of additional passengers per year will be China (856 million new passengers per year), the US (559 million), India (266 million), Indonesia (183 million) and Brazil (170 million).

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Mohini Porwal [ B Sc]
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