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Business trends

India airline passenger growth slips to slowest in eight months as fares rise

Number of passengers flown last month rose about 17% on-year to 11.9 million

A steady rise in fuel prices over the past one year has forced airlines to increase fares.   © Reuters

MUMBAI (NewsRise) -- Air passenger traffic in India grew at the slowest pace in eight months in May as rising fuel prices inflated fares in the world's fastest-growing aviation market.

The number of passengers flown last month rose almost 17% on-year to 11.9 million, according to government data.

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