International Air Passenger Traffic
Source: CMIE Economic Outlook, 1 Finance Research
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What does the International Air Passenger Traffic data represent?
- This data represents the number of passengers carried by airlines between India and international destinations.
- It includes the total number of passengers who have travelled on international flights to and from India during a specified period.
What is the significance of the International Air Passenger Traffic data?
- International Air Passenger Traffic data is a crucial indicator for the services sector, especially tourism, hospitality, and business services.
- It reflects India’s global connectivity, economic relations and status of the tourism sector, both inbound and outbound.
- High international air passenger traffic is a positive sign of international trade and tourism activities, business activities and the attractiveness of India as a tourist destination.
How to interpret the International Air Passenger Traffic data?
- Analysing this data involves looking at long-term trends, understanding seasonal variations such as increased travel during holidays or specific domestic events, and the impact of global events such as international summits or sports events.
- Increasing international passenger traffic can signify better global economic ties and a positive outlook for international investments and collaborations. Identifying popular or growing international routes can provide insights into economic and cultural ties with different regions.
- Trends in international air traffic can be correlated with other indicators such as Foreign Direct Investment (FDI), international trade figures, and global tourism trends to understand overall economic health and outlook.
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