Taking A Dive
With airlines focusing on profits, the ballistic growth in air travel has started tapering off.
The stratospheric rise in the number of people travelling on scheduled commercial airlines during the past two years has started to taper off. Domestic passenger traffic growth has slowed to below 20 per cent for the past five consecutive months over the corresponding months last year. For instance, in July this year, annual growth in passenger traffic stood at 17.18 per cent. In comparison, for 17 of the 24 months of 2015 and 2016, growth was above 20 per cent, reaching a peak
