PSU PRESS RELEASE
India a bright spot in slowing air cargo global market
MUMBAI. The air freight market in India grew 7.3% in May year on year against the slowdown in the industry slowed down, reveals the latest statistics available with Airports Authority of India (AAI).
The AAI operates most of the civil aviation airports in the country and is a partner in public-private partnership airport projects in Mumbai, Delhi, Bangalore and Hyderabad.
About 243.860 tonne of freight was carried in May 2016 as against 227190 tonne a year ago. Out of the total, about 152,950 tonne was meant for international movement while the rest of it about 90,910 tonne was for the domestic market.
A year ago, around 139,720 tonne of freight saw international movement while another 87,470 tonne was in the domestic market, representing 9.5% growth for international cargo and 3.9% for domestic freight movement.
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