Browse
related articles
Mideast carriers drove global passenger demand in 2012
- Middle East: Sunday, February 03 - 2013 at 02:02
The International Air Transport Association (Iata) has said global passenger demand witnessed a 5.3% increase in 2012, mostly triggered by Middle East airlines, Khaleej Times has reported. "Passenger demand grew strongly in 2012 despite the economic bad news that dominated much of the last twelve months," said Iata's director general and CEO, Tony Tyler. Middle East airlines contributed almost a third of the total expansion in international passenger markets with 15.4% growth, ahead of the 8.9% growth recorded in 2011 that was impacted by the Arab Spring, thanks to increasing capacity expansion by 12.5%, while improving the load factor to 77.4%. Despite the expansion, the improved load factor indicates that the growth is sustainable and that airlines in the region have been successful in attracting new passengers, said Iata.
Related Content
Article Options
Disclaimer »
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by AME Info FZ LLC / 4C and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.
AME Info FZ LLC / 4C can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / 4C.
In no event shall AME Info FZ LLC / 4C be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
