Middle East airliners’ passenger traffic rises 11% y/y in April 2013 - IATA

By bne IntelliNews May 31, 2013

Middle East air carriers continued to record strong growth in passenger traffic in April, marking an 11% y/y increase, well above the global average growth of just 3.2%, the International Air Transport Association (IATA) said.

April’s growth rate, however, retreated from the 15.6% achieved in March. MENA airlines registered a 12.9% increase in capacity in April that cut their load factor by 1.4pp to 76.8% from 79.7% in March.

Demand for air travel has benefitted from expanding trade volumes in the Middle East and Africa since late 2011, with regional airlines embarking on a network and capacity expansion to take advantage of that growth, IATA said.

“Passenger demand continued to grow in April, extending the positive trend that has been developing since late 2012,” said IATA’s CEO Tony Tyler.  
 

Related Articles

Iraq holds talks with Excelerate Energy on buying first LNG from US

Iraq is in the final stages of negotiating its first-ever purchase of LNG supplies as power outages hamper the Middle East country, Bloomberg reported on June 26. Dallas-headquartered Excelerate ... more

Reformist Kamil al-Tayeb Idris appointed as Sudan’s new Prime Minister

Sudan’s Sovereign Council head, Abdel Fattah al-Burhan, issued a constitutional decree on May 19 appointing Kamil al-Tayeb Idris as the new prime minister, Al Sharq Al Awsat reported. He also ... more

Egypt examines LNG supply offers from Saudi Aramco, UAE’s Adnoc, Algeria’s Sonatrach, and QatarEnergy

Egypt's state-owned gas company EGAS has received several offers to supply liquefied natural gas (LNG) shipments urgently needed for summer, Al Sharq reported on May 18, citing an unnamed government ... more

Dismiss