Mideast tops in air traffic growth
Sydney, July 3, 2013
Middle East carriers had the strongest year-on-year traffic growth for any region at 11.7 per cent, said the International Air Transport Association’s (Iata) global passenger traffic results for May.
But with capacity up 12.8 per cent, load factor declined 0.7 percentage points to 73.5 per cent. Demand for air travel in the Middle East and Africa has benefitted from continued expansion in trade volumes since late 2011, it said.
Iata also revealed that overall air travel demand rose 5.6 per cent in May, showing a continued expansion of global passenger traffic at a healthy rate.
Growth was led by emerging markets and the load factor was pushed up 0.3 per cent points to 78.1 per cent compared to the same period last year.
“Global economic performance remains a concern; however, demand for air travel continues to expand. The primary driver isgrowing demand for connectivity to emerging markets,” said Tony Tyler, Iata’s director general and CEO.
“The business environment has also improved compared to mid-2012 with some indications of easing weakness in the Eurozone. It’s still a tough environment, but there are some reasons for optimism in the second half of the year,” he said.
The international passenger demand rose 5.7 per cent in May compared to the year-ago period, with capacity up 5.6 per cent. Load factor was flat at 77 per cent.
The strongest growth occurred in the emerging markets of Africa, Latin America and the Middle East. – TradeArabia News Service
More Travel, Tourism & Hospitality Stories
- Malaysia Airlines jet presumed crashed, 239 onboard
- BA rolls out special Mother's Day fares
- Etihad says majority of stranded passengers sent home
- Malaysian jet search team spots 'column of smoke'
- Turkish Airlines revenue surges 27pc in 2013
- Malaysian flight 'presumed crashed' over China
- Qatar Airways likely to buy more A380s
- Malaysia Airlines jet goes missing over China
- Etihad in move to clear flights backlog
- Tourism industry emerges from downturn
- Airbus orders more frequent A380 checks
- Dubai Mall stand offers air safety tips
- Elaf Group plans new hotel in Makkah
- UPDATE: Abu Dhabi airport starts operation
- Qatar Airways mulls options on 3 extra A380s
- RAK features 9 travel firms at ITB Berlin
- Etihad names Patrick Vieira guest ambassador
- Lufthansa to offer Premium Economy Class
- Ras Al Khaimah TDA appoints new CEO
- Abu Dhabi flights hit by 'technical failure'
- Egypt urges Germany to ease travel advisory
- Qatar Airways to get 3 A380s in June
- Paramount eyes expansion in region
- All EU citizens exempt from pre-entry UAE visas
- Sofitel to open in Downtown Dubai
- Women’s role in aviation focus for summit
- Turkish, Singapore Airlines expand codeshare
- Global air passenger traffic up 7.8pc in Jan
- Hilton to open 41-storey hotel in Pearl-Qatar
- Graffiti area at the Great Wall