India to be among top 5 air domestic travel markets globally’

New Delhi: India will be among the top five domestic air travel markets globally by 2034.

The International Air Transport Association (IATA), in its first 20-year passenger growth forecast, says by 2034, the five fastest-rising 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). "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 (148 million extra passengers, total market 337 million) to become the 3rd largest market around 2031," the global body says.

It projects that passenger numbers may reach 7.3 billion by 2034.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.