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Business trends

India aviation traffic rises at fastest pace in 13 months

Demand may slow down as fares set to rise amid grounding of planes

An Air India aircraft takes off as an IndiGo Airlines aircraft waits for clearance at the Sardar Vallabhbhai Patel International Airport in Ahmedabad, India.   © Reuters

MUMBAI (NewsRise) -- Passenger air traffic in India grew at the fastest pace in 13 months in February, even as fears mount over demand weakening due to rising air fares.

The number of passengers flown last month jumped almost 24% on-year to 10.7 million, according to government data.

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