Friday 31 August 2012

Middle East airlines soar ahead again to buck the global trend - The National

Middle East airlines again led the world in market growth last month, with figures for passengers and freight well ahead of all other regions despite the continuing uncertain global outlook.

The International Air Transport Association (Iata) said global traffic results showed slower growth in both air travel and freight, with overall passenger demand just 3.4 per cent higher than the same month last year. That compares with a 6.3 per cent increase in June and average growth of 6.5 per cent over the first half of the year.

Middle East carriers, however, recorded the strongest traffic growth of any region last month, of 11.2 per cent year-on-year, and a 12.4 per cent rise in capacity. Compared with June, traffic rose just 0.1 per cent, although Iata said this was down to the impact of Ramadan.

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