Middle East Airlines Record Growth
Published by Irhal
International Air Traffic Association (IATA) data shows that Middle Eastern airlines achieved double digit growth last month even as global growth declined 3.1%. Passenger demand increased 11.2% in April 2009 compared to the same month last year and airline capacity increased 12.3%. IATA increased its projected loss figure for Middle Eastern Airlines to Dh 3.3 billion - more than four times the previous…
However, IATA said the only other region to experience a growth in passenger demand was Latin America with 7.5%, in excess of a 6.5% increase in capacity. Passenger numbers for European carriers fell 2.7% while capacity was adjusted downward by 2.6%. Asia Pacific’s fall in demand was 8.6% against a negative capacity adjustment of 7.4%
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