By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
NorthBridge TimesNorthBridge Times
  • Auto
    • Bikes
  • Entertainment
    • Bollywood
    • Celebrity
    • Hollywood
  • Events
  • Festival
    • Diwali
    • Holi
  • Sports
    • NBA
    • Basket Ball
    • Cricket
    • Hockey
  • Health
    • COVID-19
  • Technology
Search
© 2022 NorthBridge Times. All Rights Reserved.
Reading: DGCA Report says there has been no impact on demonetisation on the Aviation Sector
Share
Aa
NorthBridge TimesNorthBridge Times
Aa
Search
Follow US
© 2022 NorthBridge Times. All Rights Reserved.




Home – Business

DGCA Report says there has been no impact on demonetisation on the Aviation Sector
BusinessIndia

DGCA Report says there has been no impact on demonetisation on the Aviation Sector

Ankita Sharma
Ankita Sharma Published January 18, 2017
Last updated: 2017/01/17 at 11:37 PM
Share
2 Min Read
SHARE

DGCA Report: The report of the Civil Aviation reveals that there was no decrease in the passengers despite the implementation of demonetisation policy in the country. Rather, there was an increase in passengers on the domestic flights after Nov 8. Directorate General of Civil Aviation said that there was an increase in passengers boarding the domestic flights by 23.91 percent.

DGCA Report says there has been no impact on demonetisation on the Aviation Sector

DGCA Report says there has been no negative impact of demonetisation on Aviation sector

There was reportedly no impact on the aviation sector in the sector after demonetisation policy was implemented by the Modi-led government, whereas the growth rate in many other sectors was rendered ravaged by the demonetisation policy.

The report stated – “Passengers carried by domestic airlines in 2016 were 998.88 lakh as against 810.91 lakh during the previous year, registering a growth of 23.18 per cent.”

As per the data released by the report, the domestic flights had 80 percent of their seats full in the month of December. IndiGo had 91.45 percent of its seats full in December while earlier this figure was merely 40.3 percent.

“December 2016 betters the November 2016 record of highest number of passengers in a month and records 23.9 per cent growth. No demonetisation slowdown”, Civil Aviation Minister Ashok Gajapathi Raju tweeted on Tuesday.

“Almost one crore passengers in December and ten crores in (the whole of) 2016. Indian aviation is on a roll. May we continue to have safe and vibrant skies”, he added.

The Chief at major airlines in thecountryy also asserted that there has been no effect of demonetisation on their revenue charts. If it has changed anything, it is only for better.

You Might Also Like

Apple Current Worth is More Than Alphabet, Amazon and Meta Combined

Stock Market: Asian Markets Looking Strong

Best Diwali Sandesh to Soldiers Greetings, Wishes, Messages to Indian Army

Diwali Crackers Harmful Effects: Top 6 Reasons Why You Should Give Up Bursting Crackers

Diwali Sizzle: Top Best Diwali Dresses To Try Out On This Festival Of Lights

TAGGED: aviation industry in india, civial aviation sector in india, demonetisation effect on aviation sector

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
[mc4wp_form]
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Ankita Sharma January 18, 2017
Share this Article
Facebook TwitterEmail Print
Share
Previous Article SBI SO Admit Card 2016 Available for download at www.sbi.co.in for Specialist Cadre SBI SO Admit Card 2016 Now Available for Download at www.sbi.co.in for Specialist Cadre
Next Article Karnataka PDO & GPS Grade 1 Admit Card 2016 Available for Download at kea.kar.nic.in for the Posts of Panchayath Development Officer Karnataka PDO & GPS Grade 1 Admit Card 2016 Released for Download @ kea.kar.nic.in for the Posts of Panchayath Development Officer
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.




Latest News

Apple Current Worth is More Than Alphabet, Amazon and Meta Combined
Apple Current Worth is More Than Alphabet, Amazon and Meta Combined
Business Economy November 7, 2022
Stock Market: Asian Markets Looking Strong
Stock Market: Asian Markets Looking Strong
Economy Business November 7, 2022
Home Study Courses
Managing a Small Business: 5 Tips for Long Term Growth
Business May 7, 2022
Medical Supplies Can Protect You When You Work With Radiation
Which marketing techniques are likely to benefit your manufacturing business?
Business February 17, 2022

You Might also Like

Apple Current Worth is More Than Alphabet, Amazon and Meta Combined
BusinessEconomy

Apple Current Worth is More Than Alphabet, Amazon and Meta Combined

November 7, 2022
Stock Market: Asian Markets Looking Strong
EconomyBusiness

Stock Market: Asian Markets Looking Strong

November 7, 2022
Diwali Sandesh to Soldiers
IndiaFestival

Best Diwali Sandesh to Soldiers Greetings, Wishes, Messages to Indian Army

October 15, 2022
Diwali Crackers Harmful Effects
FestivalDiwaliIndia

Diwali Crackers Harmful Effects: Top 6 Reasons Why You Should Give Up Bursting Crackers

October 14, 2022

NBT

We influence 20 million users and is the number one business and technology news network on the planet.

Quick Link

  • Home
  • About Us
  • Contact Us
  • Privacy Policy
  • Advertise With Us
January 2023
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
3031  
« Dec    
NorthBridge TimesNorthBridge Times
Follow US

© 2015-2022 NorthBridge Times. All Rights Reserved.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?