IATA: India’s long term trends underpinned by favourable income per capita and population forecasts

    IATA stated (19-Jul-2019) the long term trends that underpin air transport demand growth in India “look set to continue”. IATA noted the path of development in the air transport industry is rarely a smooth one, but rapid growth can be sustained for an extended period. The opportunity available to India is “substantial”, underpinned by further growth in incomes and favourable forecasts for income per capita and population.