Air traffic grew by 6% in July

New Delhi : India’s domestic air passenger traffic grew by a “solid” six per cent in July, 2014, over the same month last year though the strongest growth in this area was witnessed in Russia and China, IATA said.  “This could be an early sign of the success of the new (Indian) government’s business-friendly stance. However, the government’s July budget announcement showed little spending stimulus, which could keep India’s growth trend below the pace of other emerging markets,” the global airlines’ body said.