07 Feb 2015
(MENAFN) The International Air Transport Association (IATA) said global passenger traffic demand (revenue passenger kilometers or RPKs) rose 5.9 percent in 2014, Arab News reported.
It said that more than half of the growth in passenger travel occurred on airlines in emerging markets including the Middle East. In recent months, domestic market growth played a large role in driving growth.
Middle East carriers had the strongest annual traffic growth at 13 percent. The region’s economies continue to show robust growth in non-oil sectors, and are therefore well-placed to withstand the plunge in oil revenues.
Capacity rose 11.9 percent and load factor climbed 0.8 percentage points to 78.1 percent. This is owed mainly to a pick-up in Chinese domestic travel which expanded by some 11 percent in 2014 over the previous year.
15 Jan 2025
BBK Signs Strategic Partnership with Bahrain Airport Company to Develop “Express Cargo Village”
08 Jan 2025
Bank of Bahrain and Kuwait and Global Payment Services Deliver the First Advanced Fraud Prevention Solution for Wallet Provisioning in the Kingdom of Bahrain
26 Dec 2024
BBK proudly supports “Celebrate Bahrain” as a gold sponsor in cooperation with BTEA
17 Nov 2024
BBK and Asia Jewellers announce exclusive offers to its customers at Jewellery Arabia 2024
12 Nov 2024
BBK partners with Durrat Al Bahrain to offer exclusive financing for Jawhart Al Marjan
05 Nov 2024
As part of its digital transformation journey, BBK adds Google Wallet to its range of digital wallets
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more