Even as India has become the third largest market in terms of domestic traffic, the penetration of international air travel remains low, CAPA India chief Kapi Kaul said on Friday.
He also pitched for regulatory reforms, saying if corrective measures are not taken, the capacity pipeline will reduce further.
“In terms of domestic traffic, we have reached number 3. But in terms of international (traffic), we are ranked at 18. In spite of being the third-largest domestic market, the penetration of (international) air travel remains lowest among the top 20 domestic markets,” Kaul said.
He was delivering the keynote address at a function organised here by Tata Memorial Trust to mark the 119th birth anniversary of JRD Tata.
Kaul said India’s seats per capita consumption stands at 0.13, whereas the same for a country like Australia is as much as 3.11.
The long-term fundamentals for growth are very strong, he said, adding that “we have only searched the surface of international travel. We
