Sunday, September 30, 2012

MidEast airlines best for passenger, cargo growth

Airlines from the Middle East posted the strongest growth in both passenger and cargo operations in August, the International Air Transport Association (IATA) said on Saturday.
The region's carriers continued to expand rapidly - particularly on long-haul segments - although the 16.7 percent growth was likely boosted by the impact of Ramadan, IATA said in a statement.
Capacity on Middle East airlines expanded by 13.3 percent in August which took load factors to 78.4 percent.
Middle East carriers also saw an 11.3 percent increase in cargo demand against a 10.4 percent increase in capacity which was the strongest performance globally.
Worldwide, demand for air passenger travel expanded by 5.1 percent in August compared to the same month in 2011.
29/09/12 Andy Sambidge/Arabian Business.com


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