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FINANCIAL NEWS
ME airlines to post USD1.6b profits in 2013
13 Dec 2013
(MENAFN) Airlines from the Middle East are expected to make a net profit of USD1.6 billion this year,and USD2.4 billion next year, Arabian Business reported.
The International Air Transport Association (IATA ) said that margins will keep improving in the region as they will rise from 3.8 percent in 2013 to 4.7 percent in 2014.
IATA said in a statement: “Strong oil revenues ” as oil prices stay high ” continue to support travel generated by domestic activity and the development of the tourist industry. The Syrian crisis has not impacted traffic beyond its borders.”
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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